Wednesday, October 26, 2011

For Investors Only: Chevron Increases Dividend a Bit

Yes, I am long CVX and have accumulated it for years. Along with a lot of other energy companies.

Link here.
Chevron declared a quarterly dividend of eighty-one cents ($0.81) per share, payable December 12, 2011, to holders of common stock as shown by the transfer records of the corporation at the close of business on November 18, 2011. The amount represents a 3.8 percent increase in the company's quarterly dividend and the second dividend increase in 2011. Combined, the two actions represent a 12.5 percent annual increase in the company's quarterly dividend.
As a reminder, this is not an investment site, or an investment blog. See disclaimer. But I learned about a year ago that you can't follow the oil industry without following the market. So, don't take any investing action based on what I say on the blog. My site is for education and entertainment only.
If you want good investment advice, go to the Yahoo! Financial message threads. LOL as my daughter would text. 

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