Trailing Dividend / Share
$6.49
Chevron Corporation (CVX) Dividend History
Income profile from 1970 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.5%
Payout Ratio
66.8%
Watch
Dividend Streak
38 years
3-Second Income Check
Safety
66.8% payout ratio with watch safety profile.
Consistency
38 straight years of dividend increases.
Income Trend
Yield on cost is 8.1% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield3.5%
Trailing DPS$6.49
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout66.8%
Earnings SafetyWatch
FCF Payout72.9%
FCF SafetyAdequate
Piotroski F-Score5/9
Growth
Growth Streak38 years
3Y CAGR6.4%
5Y CAGR5.8%
Yield on Cost (5Y)8.1%
YOC Trendrising
Total Returns
Buyback Yield4.2%
Total Shareholder Yield7.6%
1Y Total Return22.1%
5Y Total Return113.3%
Div Contribution (5Y)30.3%
Estimated $10K growth (return + dividends):
5Y ago$21,32610Y ago$28,86620Y ago$48,295
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (50 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Chevron Corporation distributes 66.8% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 72.9%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
CVX has raised its dividend for 38 consecutive years, with a 3-year CAGR of 6.4% and 5-year CAGR of 5.8%.
Total Shareholder Returns
Beyond cash dividends, CVX returns capital through share repurchases. The combined picture: 3.5% dividend yield, 4.2% buyback yield, 7.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.1% and is currently rising. The 5-year total return is 113.3%, with dividends contributing 30.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $28,866 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$30.88
Avg/Payment$1.5440
Latest Change+4.1%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 17, 2026Latest | $1.7800 | ↑ +4.1% | 3.83% | Mar 10, 2026 |
| Nov 18, 2025 | $1.7100 | — | 4.45% | Dec 10, 2025 |
| Aug 19, 2025 | $1.7100 | — | 4.45% | Sep 10, 2025 |
| May 19, 2025 | $1.7100 | — | 4.82% | Jun 10, 2025 |
| Feb 14, 2025 | $1.7100 | ↑ +4.9% | 4.25% | Mar 10, 2025 |
| Nov 18, 2024 | $1.6300 | — | 4.06% | Dec 10, 2024 |
| Aug 19, 2024 | $1.6300 | — | 4.36% | Sep 10, 2024 |
| May 16, 2024 | $1.6300 | — | 3.90% | Jun 10, 2024 |
Dividend Peer Comparison
Peer group: Global and national integrated oil companies
#4 yield in peer group
Div Yield
3.5%
#4 of 5
Safety
Watch
66.8% payout
Streak
38Y
5.8% 5Y CAGR
Total Shareholder
7.6%
#4 of 5
Annual Dividend History
50 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.78 | — | 1 | — | — | — | 2.1% |
| 2025 | $6.84 | 4.9% | 4 | — | — | — | 8.1% |
| 2024 | $6.52 | 7.9% | 4 | $9.72 | 67.1% | 1.49x | 7.7% |
| 2023 | $6.04 | 6.3% | 4 | $11.36 | 53.2% | 1.88x | 7.1% |
| 2022 | $5.68 | 7.0% | 4 | $18.28 | 31.1% | 3.22x | 6.7% |
| 2021 | $5.31 | 2.9% | 4 | $8.14 | 65.2% | 1.53x | 6.3% |
| 2020 | $5.16 | 8.4% | 4 | $-2.96 | — | — | 6.1% |
| 2019 | $4.76 | 6.2% | 4 | $1.54 | 309.1% | 0.32x | 5.6% |
| 2018 | $4.48 | 3.7% | 4 | $7.74 | 57.9% | 1.73x | 5.3% |
| 2017 | $4.32 | 0.7% | 4 | $4.85 | 89.1% | 1.12x | 5.1% |
See CVX's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare CVX vs CRC
See how CVX stacks up against sector leader California Resources Corporation.
Start ComparisonFrequently Asked Questions
How much dividend does CVX pay per share?
Chevron Corporation (CVX) pays a trailing 12-month dividend of $6.49 per share, with a current dividend yield of +3.5%. Payments are made Annual.
When is CVX's next ex-dividend date?
CVX's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CVX typically pays dividends Annual.
Is CVX's dividend safe?
CVX's dividend safety is rated "Watch" based on an earnings payout ratio of +66.8% and FCF payout ratio of +72.9%. With 38 consecutive years of dividend growth, the track record supports sustainability.
Is CVX a Dividend Aristocrat?
Yes, Chevron Corporation is classified as a Dividend Aristocrat with 38 consecutive years of dividend increases. The 5-year dividend CAGR is +5.8%, demonstrating above-inflation dividend growth.
How often does CVX pay dividends?
Chevron Corporation pays dividends Annual. The trailing 12-month total is $6.49 per share. Dividend data on this page covers 56+ years from 1970 to 2026.
How much would $10,000 invested in CVX grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CVX five years ago would be worth approximately $21,326 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CVX's yield on cost for long-term holders?
CVX's yield on cost — the current dividend divided by the original purchase price — is +8.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.5% market yield, thanks to consistent dividend growth.