Chevron A Top Ranked SAFE Dividend Stock With 5.3% Yield

Chevron has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 5.3% 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 , and is also an underlying holding representing 1.90% of the SPDR S&P Dividend ETF, which holds $373,880,069 worth of CVX shares.

Chevron 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.

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The annualized dividend paid by Chevron is $5.36/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/18/2021. 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 Equinor ASA, and Marathon Petroleum.

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