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Dividend Growth of Chevron Corporation(CVX)

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Chevron Corporation(CVX) is having a Dividend Yield of 3.84% with the Annual cash Dividend per share of $4.29. The last quarter cash dividend per share pay out was $1.08. Chevron Corporation has a 5 year average dividend yield of 3.75% and the stock has a Indicated annual dividend of $4.32. Chevron Corporation(CVX) formally announced its most recent dividend on January 25, 2017 with a Dividend per share of $1.08. The new indicated annual dividend based on announced dividend per share is $4.32. The dividend yield based on the forward looking indicated annual dividend is 3.84%. Chevron Corporation(CVX) has the most recent dividend payout ratio of 4.36 with a 5-year average payout ratio of 1.63. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 2.73. The 5 year historical dividend growth of Chevron Corporation(CVX) is at the rate of 5.18% while the R-Squared dividend growth is 0.76. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Chevron Corporation (NYSE:CVX) witnessed a decline in the market cap on Thursday as its shares dropped 1.68% or 1.89 points. After the session commenced at $112.99, the stock reached the higher end at $112.99 while it hit a low of $110.43. With the volume soaring to 9,478,223 shares, the last trade was called at $110.68. The company has a 52-week high of $119. The company has a market cap of $208,938 million and there are 1,887,769,300 shares in outstanding. The 52-week low of the share price is $82.9. Chevron Corporation has lost 0.46% in the last five trading days and dropped 3.62% in the last 4 weeks. Chevron Corporation is up 3.58% in the last 3-month period. Year-to-Date the stock performance stands at -5.06%.

Currently the company Insiders own 0.4% of Chevron Corporation shares according to the proxy statements. Institutional Investors own 62.5% of Chevron Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -21.05%. Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Pierre R Breber (Executive Vice President) sold 45,000 shares at 111.80 per share price.On Nov 18, 2016, R. Hewitt Pate (VP and General Counsel) sold 25,500 shares at 108.20 per share price.On Nov 7, 2016, Linnet F Deily (director) sold 5,637 shares at 105.27 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Chevron Corporation was Downgraded by HSBC Securities to Hold on Jan 10, 2017. Chevron Corporation was Upgraded by BofA/Merrill to Buy on Jan 4, 2017. Chevron Corporation was Upgraded by Macquarie to Outperform on Dec 15, 2016.

Chevron Corporation Last issued its quarterly earnings results on Jan 27, 2017. The company reported $0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.46. Analyst had a consensus of $0.68. The company had revenue of $31497.00 million for the quarter, compared to analysts expectations of $32961.41 million. The companys revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.31 EPS.

Chevron is the fifth-largest integrated energy company in the world. Headquartered in San Ramon, California, and conducting business in approximately 180 countries, this highly competitive corporation is engaged in every aspect of the oil and natural gas industry, including exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation.

Chevron

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