Wednesday, May 29, 2013

Highlights of CVX's 2013 Annual Stockholder Meeting

Rigzone is reporting:
Watson discussed Chevron's strong 2012 financial and operational performance, with earnings exceeding $26 billion and return on capital employed (ROCE) approaching 19 percent. In 2012, the company marked its 25th consecutive year of annual dividend payment increases, which included last year's annual dividend increase of 13.6 percent. Chevron announced another quarterly dividend increase of 11.1 percent in April 2013. Watson also said that for the fourth consecutive year, Chevron led its peers in five-year total stockholder return.
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