On 8/17/23, Chevron will trade ex-dividend, for its quarterly dividend of $1.51, payable on 9/11/23. As a percentage of CVX’s recent stock price of $161.36, this dividend works out to approximately 0.94%, so look for shares of Chevron to trade 0.94% lower — all else being equal — when CVX shares open for trading on 8/17/23.
Start slideshow: 10 Stocks Going Ex-Dividend »
Below is a dividend history chart for CVX, showing historical dividends prior to the most recent $1.51 declared by Chevron:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVX is likely to continue, and whether the current estimated yield of 3.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CVX shares, versus its 200 day moving average:
Looking at the chart above, CVX’s low point in its 52 week range is $140.46 per share, with $189.68 as the 52 week high point — that compares with a last trade of $161.43.
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Chevron shares are currently off about 1.6% on the day.
Read the full article here
