Here's How Many Shares of Chevron You'd Need for $5,000 in Annual Passive Income
It would cost investors over $146,000 to start from scratch at current prices.
Overview
Chevron (NYSE: CVX) has been on an impressive run, up 36.9% for the year as of Sept. 7. Despite its 2026 surge, though, Chevron's appeal has long been its dividend. Its current yield is around 3.4%, but over the past five years, it has averaged around 4%.
Image source: The Motley Fool.
Chevron's current annual dividend payout is $7.12 ($1.78 quarterly), so if your goal is $5,000 in annual passive income, you'd need to own 702.25 shares. If you were starting from scratch, it'd cost you nearly $146,500 at Chevron's $208.60 trading price at the time of writing.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.