Chevron (CVX) Dividend Machine for week of June 25, 2012
Chevron, symbol CVX, is a wonderful dividend machine. Just look at the fundamentals presented below to see how CVX performs on our four key dividend machine criteria. Earnings over the past four quarters have been a robust $13.62 per share; paid dividends were $3.30 per share. At today’s stock price of about $98.90 the dividend yield is 3.64%. CVX just raised the quarterly dividend from $.81 per share to $.90 per share. CVX has raised the dividend every year for 19 years; moreover, this company performs like this with only a 3% D/E ratio.