Chevron Increases Dividend; S&P 500 Hits New All-Time Record; State Petroleum Consumption -- April 28, 2021

Link here. Press release:

[CVX] declared a quarterly dividend of one dollar and thirty-four cents ($1.34) per share, an increase of five cents ($0.05) per share or approximately 4 percent. 

The dividend is payable June 10, 2021, to all holders of common stock as shown on the transfer records of the Corporation at the close of business May 19, 2021. 

This increase puts Chevron on track to make 2021 the 34th consecutive year with an increase in annual dividend payout per share.

S&P 500: hits new all-time record.

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Petroleum Consumption By State

Link here. 

Population (numbers rounded):

• California: 40 million
• Texas: 30 million
• Florida: 20 million

Per capita:

• California: 3.6 quadrillion / 40 million = 3.6 *10^15 / 40 x 10^6 = 3.6/40 *10^9 = 0.09 *10^9 = 90 million
• Texas: 7.0 quadrillion / 30 million = 23 million
• Florida: 1.9 quadrillion / 20 million = 10 million

Ballpark: link here.  US average: an American uses 149 million Btus of energy / year.