Chevron Raises Dividend to $1.78, Extending a 26-Year Streak

Chevron lifted its quarterly dividend 4.1% to $1.78 a share, extending its growth streak to 26 straight years. Investors must own shares before the August 19 ex-date to collect it.

The stock yields 3.43% at the new rate, anchoring the total-return case for income investors holding Chevron through energy price cycles.

The 26-year run of annual increases shows management has protected the payout through oil price downturns, refining margin pressure, and commodity volatility.

The 4.1% increase keeps the streak alive while peers stay cautious on balance-sheet commitments. Miss the August 19 ex-date and eligibility waits another quarter.