CVX – Dividend Returns, History & Calculator

Dividend Champion 38 Years

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration

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Company Info

Symbol CVX
Company Chevron Corporation
Sector Energy
Industry Oil & Gas Integrated
Website Visit
Market Cap $405,109.0M

Price Data

Price $202.62
Price Change +0.89
Price Change % +0.44%
Next Earnings Report May 1, 2026
Low (52W) $132.04
High (52W) $205.08

Dividend Data

Div Yield 3.51%
5Y Avg Yield 3.71%
Current Div $1.780
Payouts/Year 4
Annualized $7.120
Previous Div $1.710
Ex-date Feb 17, 2026
Dividend Pay Date Mar 10, 2026

Growth Rates

Chowder Number 9.5
DGR 1Y 4.7%
DGR 3Y 6.2%
DGR 5Y 6.0%
DGR 10Y 4.9%

Total Returns

TTR 1Y - With Specials 32.9%
TTR 3Y - With Specials 15.5%
TTR 1Y - No Specials 32.9%
TTR 3Y - No Specials 15.5%

Fair Value

Fair Value (P/E 10) $129.67
FV (P/E 10) % 56.0%
Fair Value (Peter Lynch) $166.00
FV (Peter Lynch) % 22.0%
Fair Value (Blended) $156.91
FV (Blended) % 29.0%

Financial Metrics

Revenue 1Y -6.8%
NPM 6.5%
CF/Share $17.13
ROE 7.2%
Current R 1.2x
Debt/Capital 18.0%
ROTC 6.2%
P/E 30.5x
P/BV 2.2x
PEG 1.83
📊 Financial data last updated: March 23, 2026 3:11 pm

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.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: March 25, 2026 12:14 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00048$206.79$1.783.44%3.44%$375$37556$11,575
2$12,51156$223.51$1.873.35%3.62%$450$82563$14,161
3$15,30663$241.59$1.973.26%3.81%$530$1,35571$17,036
4$18,41471$261.13$2.073.18%4.01%$616$1,97177$20,230
5$21,86677$282.25$2.183.09%4.22%$707$2,67884$23,774
6$25,69684$305.07$2.303.01%4.44%$805$3,48391$27,701
7$29,94291$329.75$2.422.93%4.67%$909$4,39397$32,051
8$34,64397$356.41$2.542.85%4.92%$1,020$5,413103$36,863
9$39,845103$385.24$2.672.78%5.17%$1,139$6,552110$42,184
10$45,595110$416.39$2.812.70%5.44%$1,266$7,818115$48,061

CVX Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
02/17/202602/17/2026$1.783.83%3.94%$180.55
11/18/202511/18/2025$1.714.45%4.45%$153.62
08/19/202508/19/2025$1.714.45%4.50%$152.00
05/19/202505/19/2025$1.714.82%4.94%$138.49
02/14/202502/14/2025$1.714.25%4.40%$155.34
11/18/202411/18/2024$1.634.06%4.06%$160.76
08/19/202408/19/2024$1.634.36%4.44%$146.83
05/16/202405/16/2024$1.633.90%4.05%$161.09
02/15/202402/15/2024$1.633.99%4.22%$154.46
11/16/202311/16/2023$1.514.26%4.26%$141.77
08/17/202308/17/2023$1.513.72%3.78%$159.75
05/18/202305/18/2023$1.513.80%3.92%$154.01
02/15/202302/15/2023$1.513.41%3.57%$169.01
11/17/202211/17/2022$1.423.09%3.09%$184.09
08/18/202208/18/2022$1.423.52%3.57%$159.02
05/18/202205/18/2022$1.423.28%3.38%$168.06
02/15/202202/15/2022$1.424.05%4.23%$134.26
11/17/202111/17/2021$1.344.60%4.64%$115.42
08/18/202108/18/2021$1.345.44%5.54%$96.70
05/18/202105/18/2021$1.344.91%5.05%$106.18
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Invest in CVX with Interactive Brokers

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 10.9% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 16.8% 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.

With DRIP No DRIP

Total Return with and without DRIP (CVX)

Over the selected period, investing $10,000 in CVX would grow to $45,900 with DRIP (359.0%), and $35,252 without DRIP (252.5%).

CVX Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in CVX with historic price growth (8.09%) and dividend growth (5.22%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $158,518

Annual Dividend: $3,189

Yield on Cost: 9.38%

Total Dividends: $28,762

No DRIP

Portfolio: $126,953

Total Dividends: $21,734

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $429,424

Annual Dividend: $6,602

Yield on Cost: 14.35%

Total Dividends: $74,757

No DRIP

Portfolio: $297,169

Total Dividends: $49,952

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $12,200 against a total investment of $25,600. At this point, your portfolio is throwing off $1,774 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 $2,507, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $28,762 versus $34,000 invested, nearly a 85% recovery of capital purely from income. Yield on cost reaches 9.38%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $4,642 is greater than total contributions to date ($40,000), and cumulative dividends exceed $47,636.

By year 30, the DRIP snowball is in full force. Yearly income reaches $6,602, cumulative dividends total $74,757, and the DRIP portfolio value stands at $429,424, compared with $297,169 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for CVX, price $206.79, dividend per period $1.78 (4x/year), along with historic growth assumptions: price growth 8.09% and dividend growth 5.22% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s 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 No-DRIP 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 isn’t investment advice; it’s 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:

Share price CAGR of +10.14%
Dividend CAGR of +4.91%

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$205.21$205.21
Start Shares48.7348.73
Start Value$10,000$10,000
After 10 years:
Final Share Count63.4848.73
Dividends Payment$11.50$11.50
Annual Dividends$714$560
Yield on cost7.14%5.60%
Share Price$539.19$539.19
Total Dividends$5,259$4,558
Final Value$34,228$30,833

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.

Yield Dividend

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

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

CVX Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
02/17/202602/17/2026$1.783.83%3.94%$180.55
11/18/202511/18/2025$1.714.45%4.45%$153.62
08/19/202508/19/2025$1.714.45%4.50%$152.00
05/19/202505/19/2025$1.714.82%4.94%$138.49
02/14/202502/14/2025$1.714.25%4.40%$155.34
11/18/202411/18/2024$1.634.06%4.06%$160.76
08/19/202408/19/2024$1.634.36%4.44%$146.83
05/16/202405/16/2024$1.633.90%4.05%$161.09
02/15/202402/15/2024$1.633.99%4.22%$154.46
11/16/202311/16/2023$1.514.26%4.26%$141.77
08/17/202308/17/2023$1.513.72%3.78%$159.75
05/18/202305/18/2023$1.513.80%3.92%$154.01
02/15/202302/15/2023$1.513.41%3.57%$169.01
11/17/202211/17/2022$1.423.09%3.09%$184.09
08/18/202208/18/2022$1.423.52%3.57%$159.02
05/18/202205/18/2022$1.423.28%3.38%$168.06
02/15/202202/15/2022$1.424.05%4.23%$134.26
11/17/202111/17/2021$1.344.60%4.64%$115.42
08/18/202108/18/2021$1.345.44%5.54%$96.70
05/18/202105/18/2021$1.344.91%5.05%$106.18
02/16/202102/16/2021$1.295.54%5.54%$93.13
11/17/202011/17/2020$1.295.93%5.93%$87.04
08/18/202008/18/2020$1.295.77%5.89%$87.63
05/18/202005/18/2020$1.295.36%5.58%$92.55
02/14/202002/14/2020$1.294.42%4.69%$110.08
11/15/201911/15/2019$1.193.95%3.95%$120.64
08/16/201908/16/2019$1.194.05%4.11%$115.81
05/16/201905/16/2019$1.193.82%3.94%$120.80
02/14/201902/14/2019$1.193.85%4.03%$118.16
11/15/201811/15/2018$1.123.83%3.83%$116.95
08/16/201808/16/2018$1.123.77%3.81%$117.66
05/17/201805/17/2018$1.123.40%3.46%$129.46
02/15/201802/15/2018$1.123.87%3.98%$112.53
11/16/201711/16/2017$1.083.77%3.77%$114.57
08/16/201708/16/2017$1.084.04%4.04%$106.84
05/17/201705/17/2017$1.084.12%4.13%$104.70
02/14/201702/14/2017$1.083.82%3.84%$112.52
11/16/201611/16/2016$1.083.96%3.99%$108.35
08/17/201608/17/2016$1.074.19%4.19%$102.22
05/17/201605/17/2016$1.074.25%4.25%$100.75
02/16/201602/16/2016$1.075.05%5.05%$84.81
11/16/201511/16/2015$1.074.68%4.68%$91.45
08/17/201508/17/2015$1.075.14%5.14%$83.23
05/15/201505/15/2015$1.073.96%3.96%$108.03
02/12/201502/12/2015$1.073.86%3.86%$110.86
11/14/201411/14/2014$1.073.62%3.68%$116.32
08/15/201408/15/2014$1.073.28%3.39%$126.10
05/15/201405/15/2014$1.073.29%3.46%$123.81
02/12/201402/12/2014$1.003.57%3.57%$112.03
11/14/201311/14/2013$1.003.26%3.35%$119.56
08/15/201308/15/2013$1.003.16%3.33%$120.25
05/15/201305/15/2013$1.003.01%3.25%$123.01
02/13/201302/13/2013$0.9003.12%3.12%$115.53
11/14/201211/14/2012$0.9003.42%3.51%$102.50
08/15/201208/15/2012$0.9003.04%3.20%$112.57
05/16/201205/16/2012$0.9003.30%3.60%$100.10
02/15/201202/15/2012$0.8103.03%3.09%$105.00
11/16/201111/16/2011$0.8103.06%3.21%$101.05
08/17/201108/17/2011$0.7803.07%3.19%$97.68
05/17/201105/17/2011$0.7802.93%3.11%$100.41
02/14/201102/14/2011$0.7202.97%2.97%$96.95
11/16/201011/16/2010$0.7203.44%3.49%$82.48
08/17/201008/17/2010$0.7203.60%3.70%$77.77
05/17/201005/17/2010$0.7203.55%3.71%$77.73
02/12/201002/12/2010$0.6803.79%3.83%$71.01
11/16/200911/16/2009$0.6803.38%3.46%$78.61
08/17/200908/17/2009$0.6803.95%4.08%$66.59
05/15/200905/15/2009$0.6503.95%3.95%$65.88
02/12/200902/12/2009$0.6503.72%3.72%$69.86
11/14/200811/14/2008$0.6503.48%3.58%$72.68
08/15/200808/15/2008$0.6502.92%3.09%$84.25
05/15/200805/15/2008$0.6502.43%2.64%$98.49
02/13/200802/13/2008$0.5802.83%2.83%$82.12
11/14/200711/14/2007$0.5802.62%2.69%$86.15
08/15/200708/15/2007$0.5802.72%2.87%$80.76
05/16/200705/16/2007$0.5802.65%2.87%$80.73
02/14/200702/14/2007$0.5202.88%2.88%$72.19
11/15/200611/15/2006$0.5202.87%2.97%$69.95
08/16/200608/16/2006$0.5202.97%3.18%$65.41
05/17/200605/17/2006$0.5203.17%3.53%$58.94
02/14/200602/14/2006$0.4503.23%3.23%$55.72
11/16/200511/16/2005$0.4503.06%3.15%$57.15
08/17/200508/17/2005$0.4502.85%3.02%$59.64
05/17/200505/17/2005$0.4503.21%3.50%$51.47
02/14/200502/14/2005$0.4002.69%2.75%$58.11
11/16/200411/16/2004$0.4002.91%3.05%$52.54
08/17/200408/17/2004$0.4003.18%3.40%$47.07
05/17/200405/17/2004$0.3653.19%3.19%$45.78
02/13/200402/13/2004$0.3653.34%3.37%$43.26
11/14/200311/14/2003$0.3653.85%3.93%$37.14
08/15/200308/15/2003$0.3653.89%4.01%$36.41
05/15/200305/15/2003$0.3504.17%4.17%$33.57
02/12/200302/12/2003$0.3504.44%4.44%$31.54
11/14/200211/14/2002$0.3504.17%4.17%$33.60
08/15/200208/15/2002$0.3503.60%3.60%$38.93
05/15/200205/15/2002$0.3503.12%3.18%$44.03
02/13/200202/13/2002$0.3503.27%3.40%$41.23
11/14/200111/14/2001$0.3503.06%3.23%$43.31
08/15/200108/15/2001$0.3252.80%2.80%$46.51
05/16/200105/16/2001$0.3252.73%2.73%$47.63
02/14/200102/14/2001$0.3253.03%3.03%$42.93
11/15/200011/15/2000$0.3253.10%3.10%$41.97
08/16/200008/16/2000$0.3253.04%3.04%$42.73
05/17/200005/17/2000$0.3252.80%2.85%$45.66
02/16/200002/16/2000$0.3253.24%3.34%$38.91
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

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.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

CVX Price

Price to Earnings

CVX trades at a 108.1x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

CVX trades at a 6.4x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

CVX generated $46.9B in revenue. Revenue has declined by 24% over the period.

Net Income

CVX reported $2.8B in net income. Net income has declined by 69% over the period.

Revenue vs Net Income

CVX generated $46.9B in revenue with net income of $2.8B, representing a 5.9% net profit margin.

Gross Profit

CVX achieved $37.4B in gross profit, showing revenue after direct production costs.

Operating Income

CVX generated $16.4B in operating income, representing profit from core business operations.

EBITDA

CVX generated $18.9B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

CVX generated $3.2B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

CVX generated $1.5B in free cash flow. Free cash flow has decreased by 81% over the period.

Free Cash Flow / Share

CVX generates $0.78 in free cash flow per share. FCF per share has declined by 81% over the period.

Earnings Per Share (EPS)

CVX reported $1.40 in earnings per share. EPS has declined by 69% over the period.

Return on Equity (ROE)

CVX delivered a 4.9% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

CVX achieved a 3.0% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

CVX maintains a 5.9% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

CVX operates with a 79.7% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

CVX holds $7.0B in cash against $2.3B in debt, resulting in a net cash position of $4.7B.

Shares Outstanding

CVX has 2.0B shares outstanding.

Stock-Based Comp

CVX reported $1.2B in stock-based compensation. Over the period, stock-based compensation has decreased by 24%.

FCF vs Stock Based Comp

CVX generated $1.5B in free cash flow while spending $1.2B on stock-based compensation, representing 76% of FCF.

FCF vs FCF / Share

CVX reported $1.5B in free cash flow, translating to $0.78 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.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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