Why Chevron Corporation is a Top 25 SAFE Dividend Stock (CVX)
Thu, Jan 24, 11:16 AM ET, by ETF Channel
Chevron Corporation (CVX) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Chevron Corporation is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.76% of the SPDR S&P Dividend ETF (SDY), which holds $163,294,198 worth of CVX shares.
Chevron Corporation (CVX) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Chevron Corporation is $3.60/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/14/2012. Below is a long-term dividend history chart for CVX, which the report stressed as being of key importance.
CVX operates in the Oil & Gas Refining & Marketing sector, among companies like Exxon Mobil Corp. (XOM), and ConocoPhillips (COP).
Read the original article at ETF Channel: Why Chevron Corporation is a Top 25 SAFE Dividend Stock (CVX)
SDI Glossary: "Channel" Definition
SDI Glossary: "Dividend" Definition
SDI Glossary: "iShares" Definition
SDI Glossary: "Stock" Definition
This Article's Word Cloud:
According
Below
Channel
Chevron
Corporation
Decades
Dividend
DividendRank
Exxon
Mobil
Payments
Read
above
among
because
companies
currently
decades
dividend
growth
history
holds
importance
including
increases
least
list
long
lowered
made
missed
most
never
operates
paid
payments
qualities
recent
report
representing
share
shares
slideshow
statistics
strong
these
track
which
with
yield
More articles: 1 2 3 4 5 6 7 next »
|
RSS
Start slideshow: