Does Chevron pay dividends? When & how often?

<p>Chevron Corporation (<a href="https://www.thestreet.com/quote/CVX">CVX</a>) is one of the biggest dividend stocks in the <a href="https://www.thestreet.com/dictionary/s/s-p-500">S&amp;P 500</a>, consistently returning billions of dollars to shareholders through <a href="https://www.thestreet.com/dictionary/d/dividend">dividends</a> and share buybacks.</p>
<p>Right now, economic uncertainty in the form of tariffs and geopolitical tensions can create opportunities for dividend investors, since dividend stocks often provide reliable cash flow amidst <a href="https://www.thestreet.com/dictionary/v/volatility">volatility</a>.</p>
<p>Here’s what investors should know about Chevron’s dividend:</p>
<h2>Does Chevron pay dividends?</h2>
<p>Yes, Chevron has paid a regular dividend to shareholders for decades. Its <a href="https://www.thestreet.com/dictionary/d/dividend-yield">dividend yield</a> in 2026 is between 3% and 4%, which is significantly higher than the average <a href="https://www.thestreet.com/dictionary/y/yield">yield</a> of most S&amp;P 500 companies, which is just 1–2%.</p>
<p>On March 10, 2026, Chevron increased its annual dividend to approximately $7.12 per share, or about <a href="https://www.chevron.com/investors/stock-and-dividend#mod_01994508">$1.78 per share per quarter</a>.</p>
<p>Chevron has a long history of increasing its dividend even in turbulent markets, growing it from $4.28 annually in 2021 to $7.12 today, or roughly 5% per year.</p>
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<a href="https://finance.yahoo.com/news/chevron-good-long-term-investment-161800361.html">Related: Is Chevron a good long-term investment? Its buy-and-hold prospects explained</a>
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<p>Last year, Chevron reported <a href="https://www.chevron.com/-/media/shared-media/documents/2025-chevron-annual-report-supplement.pdf">net income</a> of $12.3 billion and adjusted <a href="https://www.thestreet.com/dictionary/f/free-cash-flow-fcf">free cash flow</a> of $20.2 billion.</p>
<p>In addition, its July 2025 acquisition of Hess Corp. expanded the company’s output to a record <a href="https://www.reuters.com/business/energy/chevron-tops-q3-earnings-estimates-with-record-production-after-hess-deal-2025-10-31/">4.1 million barrels of oil equivalent per day</a>.</p>
<p>“The completion of the Hess acquisition further strengthens our diversified portfolio and positions us to extend our production and free cash flow growth profile well into the next decade,” CEO Mike Wirth said on the company’s <a href="https://www.forbes.com/sites/davidblackmon/2025/08/05/exxonmobil-and-chevron-project-industry-strength-despite-low-prices/">Q4 earnings call.</a></p>
<p>Investors often view expanding cash flow and dividend increases as signs of stability and growth, which makes CVX an appealing stock for income investors.</p>
<h2>How often does Chevron pay dividends?</h2>
<p>Chevron pays dividends quarterly. This means that shareholders receive payments every three months, or four times a year.</p>
<p>
<a href="https://finance.yahoo.com/news/does-chevron-mean-chevrons-v-160900741.html">Related: What does Chevron mean? A look inside its corporate logo</a>
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<p>Chevron’s current annual payout is approximately $7.12 per share, so investors receive roughly $1.78 per share each quarter.</p>
<p>Investors can reinvest their dividends (to buy additional shares) or take them as cash.</p>
<h2>When does Chevron pay dividends?</h2>
<p>Historically, Chevron has paid its dividends in <a href="https://www.chevron.com/investors/stock-and-dividend#mod_01994508">March, June, September, and December</a>.</p>
<p>To receive the upcoming payout, investors must own the stock before the ex-dividend date, which is one business day before the record date.</p>
<p>Chevron typically gives investors several weeks’ notice; for example, on January 30, 2026, it declared a $ 1.78-per-share dividend payable on March 10, 2026. Its ex-dividend date was February 17, 2026, meaning that anyone who purchased shares by February 16 was entitled to the dividend.</p>