CVX – Dividend Returns, History & Calculator
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment engages in the exploration, d
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Total Returns
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Calculate your CVX Dividend Returns
Quickly and easily calculate CVX dividend yield using our CVX calculator. Adjust the fields below to see how your CVX investments snowball over time.
Portfolio Growth Over Time
Data last updated: September 19, 2025 4:53 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
---|---|---|---|---|---|---|---|---|---|---|
1 | $10,000 | 64 | $156.08 | $1.71 | 4.38% | 4.38% | $479 | $479 | 75 | $11,679 |
2 | $12,513 | 75 | $167.23 | $1.79 | 4.29% | 4.59% | $578 | $1,056 | 85 | $14,290 |
3 | $15,311 | 85 | $179.17 | $1.88 | 4.19% | 4.81% | $684 | $1,740 | 96 | $17,195 |
4 | $18,423 | 96 | $191.96 | $1.97 | 4.10% | 5.04% | $798 | $2,539 | 106 | $20,421 |
5 | $21,879 | 106 | $205.67 | $2.06 | 4.01% | 5.29% | $921 | $3,460 | 117 | $24,001 |
6 | $25,715 | 117 | $220.36 | $2.16 | 3.92% | 5.54% | $1,054 | $4,514 | 127 | $27,968 |
7 | $29,966 | 127 | $236.10 | $2.27 | 3.84% | 5.81% | $1,196 | $5,710 | 137 | $32,362 |
8 | $34,673 | 137 | $252.96 | $2.37 | 3.75% | 6.08% | $1,349 | $7,058 | 147 | $37,221 |
9 | $39,880 | 147 | $271.02 | $2.49 | 3.67% | 6.38% | $1,513 | $8,571 | 157 | $42,592 |
10 | $45,634 | 157 | $290.38 | $2.61 | 3.59% | 6.68% | $1,689 | $10,259 | 167 | $48,522 |
CVX Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
08/19/2025 | 08/19/2025 | $1.71 | 4.45% | 4.50% | $152.00 |
05/19/2025 | 05/19/2025 | $1.71 | 4.82% | 4.94% | $138.49 |
02/14/2025 | 02/14/2025 | $1.71 | 4.25% | 4.40% | $155.34 |
11/18/2024 | 11/18/2024 | $1.63 | 4.06% | 4.06% | $160.76 |
08/19/2024 | 08/19/2024 | $1.63 | 4.36% | 4.44% | $146.83 |
05/16/2024 | 05/16/2024 | $1.63 | 3.90% | 4.05% | $161.09 |
02/15/2024 | 02/15/2024 | $1.63 | 3.99% | 4.22% | $154.46 |
11/16/2023 | 11/16/2023 | $1.51 | 4.26% | 4.26% | $141.77 |
08/17/2023 | 08/17/2023 | $1.51 | 3.72% | 3.78% | $159.75 |
05/18/2023 | 05/18/2023 | $1.51 | 3.80% | 3.92% | $154.01 |
02/15/2023 | 02/15/2023 | $1.51 | 3.41% | 3.57% | $169.01 |
11/17/2022 | 11/17/2022 | $1.42 | 3.09% | 3.09% | $184.09 |
08/18/2022 | 08/18/2022 | $1.42 | 3.52% | 3.57% | $159.02 |
05/18/2022 | 05/18/2022 | $1.42 | 3.28% | 3.38% | $168.06 |
02/15/2022 | 02/15/2022 | $1.42 | 4.05% | 4.23% | $134.26 |
11/17/2021 | 11/17/2021 | $1.34 | 4.60% | 4.64% | $115.42 |
08/18/2021 | 08/18/2021 | $1.34 | 5.44% | 5.54% | $96.70 |
05/18/2021 | 05/18/2021 | $1.34 | 4.91% | 5.05% | $106.18 |
02/16/2021 | 02/16/2021 | $1.29 | 5.54% | 5.54% | $93.13 |
11/17/2020 | 11/17/2020 | $1.29 | 5.93% | 5.93% | $87.04 |
CVX 10-yr Total Return ($10,000 invested)
This analysis of CVX demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 10.1% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 17.7% annually, outpacing the 10-year average. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (CVX)
Over the selected period, investing $10,000 in CVX would grow to $42,882 with DRIP (328.8%), and $33,966 without DRIP (239.7%).
CVX Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in CVX with historic price growth (7.14%) and dividend growth (4.80%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $157,784
Annual Dividend: $4,447
Yield on Cost: 13.08%
Total Dividends: $39,004
Portfolio: $118,555
Total Dividends: $26,976
After 30 Years
Your Investment: $46,000
Portfolio: $421,891
Annual Dividend: $9,536
Yield on Cost: 20.73%
Total Dividends: $104,542
Portfolio: $260,834
Total Dividends: $60,996
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $16,176 against a total investment of $25,600. At this point, your portfolio is throwing off $2,404 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $3,455, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $39,004 versus $34,000 invested, nearly a 115% recovery of capital purely from income. Yield on cost reaches 13.08%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $6,595 is greater than total contributions to date ($40,000), and cumulative dividends exceed $65,621.
By year 30, the DRIP snowball is in full force. Yearly income reaches $9,536, cumulative dividends total $104,542, and the DRIP portfolio value stands at $421,891, compared with $260,834 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for CVX, price $156.05, dividend per period $1.71 (4Ã/year), along with historic growth assumptions: price growth 7.14% and dividend growth 4.80% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that monthâs price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the NoâDRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isnât investment advice; itâs a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for CVX
Based on past 10-year performance, here are CVX growth metrics:
Using CVX CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
CVX (DRIP) | CVX (No DRIP) | |
---|---|---|
Current Price | $156.05 | $156.05 |
Start Shares | 64.08 | 64.08 |
Start Value | $10,000 | $10,000 |
After 10 years: | ||
Final Share Count | 90.53 | 64.08 |
Dividends Payment | $10.80 | $10.80 |
Annual Dividends | $950 | $692 |
Yield on cost | 9.50% | 6.92% |
Share Price | $372.69 | $372.69 |
Total Dividends | $6,841 | $5,685 |
Final Value | $33,739 | $29,567 |
Estimated Future Value + Dividends – CVX
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.
CVX Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
08/19/2025 | 08/19/2025 | $1.71 | 4.45% | 4.50% | $152.00 |
05/19/2025 | 05/19/2025 | $1.71 | 4.82% | 4.94% | $138.49 |
02/14/2025 | 02/14/2025 | $1.71 | 4.25% | 4.40% | $155.34 |
11/18/2024 | 11/18/2024 | $1.63 | 4.06% | 4.06% | $160.76 |
08/19/2024 | 08/19/2024 | $1.63 | 4.36% | 4.44% | $146.83 |
05/16/2024 | 05/16/2024 | $1.63 | 3.90% | 4.05% | $161.09 |
02/15/2024 | 02/15/2024 | $1.63 | 3.99% | 4.22% | $154.46 |
11/16/2023 | 11/16/2023 | $1.51 | 4.26% | 4.26% | $141.77 |
08/17/2023 | 08/17/2023 | $1.51 | 3.72% | 3.78% | $159.75 |
05/18/2023 | 05/18/2023 | $1.51 | 3.80% | 3.92% | $154.01 |
02/15/2023 | 02/15/2023 | $1.51 | 3.41% | 3.57% | $169.01 |
11/17/2022 | 11/17/2022 | $1.42 | 3.09% | 3.09% | $184.09 |
08/18/2022 | 08/18/2022 | $1.42 | 3.52% | 3.57% | $159.02 |
05/18/2022 | 05/18/2022 | $1.42 | 3.28% | 3.38% | $168.06 |
02/15/2022 | 02/15/2022 | $1.42 | 4.05% | 4.23% | $134.26 |
11/17/2021 | 11/17/2021 | $1.34 | 4.60% | 4.64% | $115.42 |
08/18/2021 | 08/18/2021 | $1.34 | 5.44% | 5.54% | $96.70 |
05/18/2021 | 05/18/2021 | $1.34 | 4.91% | 5.05% | $106.18 |
02/16/2021 | 02/16/2021 | $1.29 | 5.54% | 5.54% | $93.13 |
11/17/2020 | 11/17/2020 | $1.29 | 5.93% | 5.93% | $87.04 |
08/18/2020 | 08/18/2020 | $1.29 | 5.77% | 5.89% | $87.63 |
05/18/2020 | 05/18/2020 | $1.29 | 5.36% | 5.58% | $92.55 |
02/14/2020 | 02/14/2020 | $1.29 | 4.42% | 4.69% | $110.08 |
11/15/2019 | 11/15/2019 | $1.19 | 3.95% | 3.95% | $120.64 |
08/16/2019 | 08/16/2019 | $1.19 | 4.05% | 4.11% | $115.81 |
05/16/2019 | 05/16/2019 | $1.19 | 3.82% | 3.94% | $120.80 |
02/14/2019 | 02/14/2019 | $1.19 | 3.85% | 4.03% | $118.16 |
11/15/2018 | 11/15/2018 | $1.12 | 3.83% | 3.83% | $116.95 |
08/16/2018 | 08/16/2018 | $1.12 | 3.77% | 3.81% | $117.66 |
05/17/2018 | 05/17/2018 | $1.12 | 3.40% | 3.46% | $129.46 |
02/15/2018 | 02/15/2018 | $1.12 | 3.87% | 3.98% | $112.53 |
11/16/2017 | 11/16/2017 | $1.08 | 3.77% | 3.77% | $114.57 |
08/16/2017 | 08/16/2017 | $1.08 | 4.04% | 4.04% | $106.84 |
05/17/2017 | 05/17/2017 | $1.08 | 4.12% | 4.13% | $104.70 |
02/14/2017 | 02/14/2017 | $1.08 | 3.82% | 3.84% | $112.52 |
11/16/2016 | 11/16/2016 | $1.08 | 3.96% | 3.99% | $108.35 |
08/17/2016 | 08/17/2016 | $1.07 | 4.19% | 4.19% | $102.22 |
05/17/2016 | 05/17/2016 | $1.07 | 4.25% | 4.25% | $100.75 |
02/16/2016 | 02/16/2016 | $1.07 | 5.05% | 5.05% | $84.81 |
11/16/2015 | 11/16/2015 | $1.07 | 4.68% | 4.68% | $91.45 |
08/17/2015 | 08/17/2015 | $1.07 | 5.14% | 5.14% | $83.23 |
05/15/2015 | 05/15/2015 | $1.07 | 3.96% | 3.96% | $108.03 |
02/12/2015 | 02/12/2015 | $1.07 | 3.86% | 3.86% | $110.86 |
11/14/2014 | 11/14/2014 | $1.07 | 3.62% | 3.68% | $116.32 |
08/15/2014 | 08/15/2014 | $1.07 | 3.28% | 3.39% | $126.10 |
05/15/2014 | 05/15/2014 | $1.07 | 3.29% | 3.46% | $123.81 |
02/12/2014 | 02/12/2014 | $1.00 | 3.57% | 3.57% | $112.03 |
11/14/2013 | 11/14/2013 | $1.00 | 3.26% | 3.35% | $119.56 |
08/15/2013 | 08/15/2013 | $1.00 | 3.16% | 3.33% | $120.25 |
05/15/2013 | 05/15/2013 | $1.00 | 3.01% | 3.25% | $123.01 |
02/13/2013 | 02/13/2013 | $0.900 | 3.12% | 3.12% | $115.53 |
11/14/2012 | 11/14/2012 | $0.900 | 3.42% | 3.51% | $102.50 |
08/15/2012 | 08/15/2012 | $0.900 | 3.04% | 3.20% | $112.57 |
05/16/2012 | 05/16/2012 | $0.900 | 3.30% | 3.60% | $100.10 |
02/15/2012 | 02/15/2012 | $0.810 | 3.03% | 3.09% | $105.00 |
11/16/2011 | 11/16/2011 | $0.810 | 3.06% | 3.21% | $101.05 |
08/17/2011 | 08/17/2011 | $0.780 | 3.07% | 3.19% | $97.68 |
05/17/2011 | 05/17/2011 | $0.780 | 2.93% | 3.11% | $100.41 |
02/14/2011 | 02/14/2011 | $0.720 | 2.97% | 2.97% | $96.95 |
11/16/2010 | 11/16/2010 | $0.720 | 3.44% | 3.49% | $82.48 |
08/17/2010 | 08/17/2010 | $0.720 | 3.60% | 3.70% | $77.77 |
05/17/2010 | 05/17/2010 | $0.720 | 3.55% | 3.71% | $77.73 |
02/12/2010 | 02/12/2010 | $0.680 | 3.79% | 3.83% | $71.01 |
11/16/2009 | 11/16/2009 | $0.680 | 3.38% | 3.46% | $78.61 |
08/17/2009 | 08/17/2009 | $0.680 | 3.95% | 4.08% | $66.59 |
05/15/2009 | 05/15/2009 | $0.650 | 3.95% | 3.95% | $65.88 |
02/12/2009 | 02/12/2009 | $0.650 | 3.72% | 3.72% | $69.86 |
11/14/2008 | 11/14/2008 | $0.650 | 3.48% | 3.58% | $72.68 |
08/15/2008 | 08/15/2008 | $0.650 | 2.92% | 3.09% | $84.25 |
05/15/2008 | 05/15/2008 | $0.650 | 2.43% | 2.64% | $98.49 |
02/13/2008 | 02/13/2008 | $0.580 | 2.83% | 2.83% | $82.12 |
11/14/2007 | 11/14/2007 | $0.580 | 2.62% | 2.69% | $86.15 |
08/15/2007 | 08/15/2007 | $0.580 | 2.72% | 2.87% | $80.76 |
05/16/2007 | 05/16/2007 | $0.580 | 2.65% | 2.87% | $80.73 |
02/14/2007 | 02/14/2007 | $0.520 | 2.88% | 2.88% | $72.19 |
11/15/2006 | 11/15/2006 | $0.520 | 2.87% | 2.97% | $69.95 |
08/16/2006 | 08/16/2006 | $0.520 | 2.97% | 3.18% | $65.41 |
05/17/2006 | 05/17/2006 | $0.520 | 3.17% | 3.53% | $58.94 |
02/14/2006 | 02/14/2006 | $0.450 | 3.23% | 3.23% | $55.72 |
11/16/2005 | 11/16/2005 | $0.450 | 3.06% | 3.15% | $57.15 |
08/17/2005 | 08/17/2005 | $0.450 | 2.85% | 3.02% | $59.64 |
05/17/2005 | 05/17/2005 | $0.450 | 3.21% | 3.50% | $51.47 |
02/14/2005 | 02/14/2005 | $0.400 | 2.69% | 2.75% | $58.11 |
11/16/2004 | 11/16/2004 | $0.400 | 2.91% | 3.05% | $52.54 |
08/17/2004 | 08/17/2004 | $0.400 | 3.18% | 3.40% | $47.07 |
05/17/2004 | 05/17/2004 | $0.365 | 3.19% | 3.19% | $45.78 |
02/13/2004 | 02/13/2004 | $0.365 | 3.34% | 3.37% | $43.26 |
11/14/2003 | 11/14/2003 | $0.365 | 3.85% | 3.93% | $37.14 |
08/15/2003 | 08/15/2003 | $0.365 | 3.89% | 4.01% | $36.41 |
05/15/2003 | 05/15/2003 | $0.350 | 4.17% | 4.17% | $33.57 |
02/12/2003 | 02/12/2003 | $0.350 | 4.44% | 4.44% | $31.54 |
11/14/2002 | 11/14/2002 | $0.350 | 4.17% | 4.17% | $33.60 |
08/15/2002 | 08/15/2002 | $0.350 | 3.60% | 3.60% | $38.93 |
05/15/2002 | 05/15/2002 | $0.350 | 3.12% | 3.18% | $44.03 |
02/13/2002 | 02/13/2002 | $0.350 | 3.27% | 3.40% | $41.23 |
11/14/2001 | 11/14/2001 | $0.350 | 3.06% | 3.23% | $43.31 |
08/15/2001 | 08/15/2001 | $0.325 | 2.80% | 2.80% | $46.51 |
05/16/2001 | 05/16/2001 | $0.325 | 2.73% | 2.73% | $47.63 |
02/14/2001 | 02/14/2001 | $0.325 | 3.03% | 3.03% | $42.93 |
11/15/2000 | 11/15/2000 | $0.325 | 3.10% | 3.10% | $41.97 |
08/16/2000 | 08/16/2000 | $0.325 | 3.04% | 3.04% | $42.73 |
05/17/2000 | 05/17/2000 | $0.325 | 2.80% | 2.85% | $45.66 |
02/16/2000 | 02/16/2000 | $0.325 | 3.24% | 3.34% | $38.91 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.
Price to Earnings
CVX trades at a 110.1x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
CVX trades at a 6.1x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
CVX generated $44.8B in revenue.
Net Income
CVX reported $2.5B in net income. Net income has declined by 36% over the period.
Revenue vs Net Income
CVX generated $44.8B in revenue with net income of $2.5B, representing a 5.6% net profit margin.
Gross Profit
CVX achieved $33.9B in gross profit, showing revenue after direct production costs.
Operating Income
CVX generated $15.7B in operating income, representing profit from core business operations.
EBITDA
CVX generated $18.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
CVX generated $2.9B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
CVX generated $1.3B in free cash flow. Free cash flow has decreased by 58% over the period.
Free Cash Flow / Share
CVX generates $0.64 in free cash flow per share. FCF per share has declined by 58% over the period.
Earnings Per Share (EPS)
CVX reported $1.24 in earnings per share. EPS has declined by 36% over the period.
Return on Equity (ROE)
CVX delivered a 4.6% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
CVX achieved a 2.8% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
CVX maintains a 5.6% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
CVX operates with a 82.6% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
CVX holds $6.7B in cash against $2.2B in debt, resulting in a net cash position of $4.5B.
Shares Outstanding
CVX has 2.0B shares outstanding.
Stock-Based Comp
CVX reported $1.1B in stock-based compensation. Over the period, stock-based compensation has increased by 10%.
FCF vs Stock Based Comp
CVX generated $1.3B in free cash flow while spending $1.1B on stock-based compensation, representing 87% of FCF.
FCF vs FCF / Share
CVX reported $1.3B in free cash flow, translating to $0.64 per share.
Revenue: Actual + Estimates
This chart tracks CVX revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks CVX eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks CVX net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks CVX ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.