On 31 January, Chevron (CVX)
increased
its dividend by 4.91%, from $1.63 to $1.71 per share.
The dividend is payable on 10 March to shareholders of record on 14 February.
CVX's contribution to DivGro's projected annual dividend income will increase by $11 to $521.
I own 175 shares of CVX at an average cost basis of $111.38 per share. Following this increase, my yield on cost
is 6.14%. (CVX's forward yield is 4.58% at $149.19 per share).
Since opening my position in February 2021, the stock has generated a total return of 47%, including $2,477.25 in dividend
income. That's a stellar annualized rate of return of 16.9%!
CVX became DivGro's 44th Home Run stock in June 2022, when the stock doubled my original capital
outlay.
5-Year History of Dividend Payouts by Ex-Date
2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
$5.16 | $5.31 | $5.68 | $6.04 | $6.52 | ⬆ | $6.84✝ |
8.40% | 2.91% | 6.97% | 6.34% | 7.95% | ⬇ | 4.91% |
5-year DGR: | 6.49% | ⬇ | 5,80% |
✝projected, assuming no further changes
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