This Energy Stock Pays a 4.2% Dividend That You Can Bank On
Chevron is one of the market's most reliable energy dividend stocks.
Overview
Chevron (NYSE: CVX), one of the world's largest integrated energy companies, pays a forward dividend yield of 4.2%. It's raised its dividend annually for 39 consecutive years, putting it on track to become a Dividend King if it maintains that streak for 50 years in a row. Let's see why Chevron will remain a reliable income stock even as oil prices endure some volatile swings.
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Chevron owns upstream exploration and extraction, midstream pipeline infrastructure, and downstream refining and chemical production businesses.
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.