Chevron Corporation dividend – Fill Up Your Income Tank with Chevron’s 4% Yielding Dividend Aristocrat!
December 23, 2023
🌥️Trending News
Fill your income tank with Chevron’s 4%-yielding Dividend Aristocrat! Chevron Corporation ($NYSE:CVX) is a global energy company with operations in countries spanning the globe. The company’s core business focuses on the exploration and production of oil and natural gas, as well as refining, marketing, and transportation of petroleum products. Chevron also has investments in chemicals manufacturing, energy technology, and other energy-related activities. With a current dividend yield of 4%, Chevron is an attractive option for income-seeking investors.
In addition, the company boasts a strong balance sheet and has plenty of cash flows to support its dividend payments. Chevron’s strong track record of dividend growth combined with its impressive yield makes it a great pick for income-seeking investors who are looking to fill their income tank.
Dividends – Chevron Corporation dividend
During this time, CHEVRON CORPORATION has issued annual dividend per share of 5.95 USD, 5.68 USD, and 5.31 USD respectively. While dividend yields from 2021-2023 are expected to be 3.48%, 3.69%, and 5.22% respectively, the average dividend yield stands at an impressive 4.13%. This creates an opportunity to fill up your income tank with a consistent, reliable flow of income from CHEVRON CORPORATION’s dividends.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Chevron Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 202.5k | 25.46k | 12.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Chevron Corporation. More…
| Operations | Investing | Financing |
| 35.67k | -14.87k | -30.39k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Chevron Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 263.93k | 97.68k | 87.55 |
Key Ratios Snapshot
Some of the financial key ratios for Chevron Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.8% | 636.5% | 18.0% |
| FCF Margin | ROE | ROA |
| 10.1% | 14.1% | 8.6% |
Analysis – Chevron Corporation Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of the financials of CHEVRON CORPORATION. According to our proprietary Valuation Line, the fair value of CHEVRON CORPORATION share is around $160.2. As of now, CHEVRON CORPORATION stock is trading at $151.0 – a fair price that is undervalued by 5.7%. This could be an attractive opportunity for investing in the company for potential investors. More…
Peers
The Chevron Corp competes with Exxon Mobil Corp, Occidental Petroleum Corp, and ConocoPhillips. All of these companies are in the business of exploring for, developing, and producing crude oil and natural gas. Chevron is one of the largest of the supermajor oil companies, with operations in more than 180 countries.
– Exxon Mobil Corp ($NYSE:XOM)
Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller’s Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). The world’s seventh largest company by revenue, ExxonMobil is also the seventh largest publicly traded company by market capitalization. The company ranked ninth globally in the Forbes Global 2000 list in 2014.
– Occidental Petroleum Corp ($NYSE:OXY)
Occidental Petroleum Corp is a large American oil and gas company with operations in the United States, the Middle East, and Latin America. The company has a market cap of 63.77B as of 2022 and a return on equity of 29.73%. Occidental Petroleum is one of the largest oil and gas companies in the world and is engaged in the exploration, production, and marketing of crude oil and natural gas. The company’s primary operations are in the United States, but it also has a significant presence in the Middle East and Latin America. Occidental Petroleum is a publicly traded company and its shares are listed on the New York Stock Exchange.
– ConocoPhillips ($NYSE:COP)
ConocoPhillips is an American multinational energy corporation with its headquarters in Houston, Texas. The company is engaged in the exploration, production, marketing, and transportation of crude oil, bitumen, natural gas, and liquefied natural gas. As of December 31, 2019, the company had estimated proved reserves of 8.4 billion barrels of oil equivalent.
ConocoPhillips has a market capitalization of $150.08 billion as of January 2021. The company’s return on equity was 30.9% for the year ended December 31, 2020.
ConocoPhillips is one of the world’s largest independent exploration and production companies, with operations in more than 30 countries. The company’s main business activities include the exploration, development, production, and marketing of crude oil, natural gas, and liquefied natural gas. ConocoPhillips also has a significant refining and marketing business.
Summary
Chevron Corporation is a great dividend aristocrat for income investors. The company has a solid balance sheet and generates strong cash flows. There is also potential for capital appreciation, as Chevron has low-cost reserves and plans to increase production.
Chevron has a competitive advantage due to its technological capabilities, making it attractive to large energy customers. It is well-positioned to benefit from strong global demand for oil and gas and has the potential to generate attractive returns in the long term.
