At the time I am writing, Chevron stock crossed below the $100 per share threshold (in fact, the company hit a low price of $98.88 today). The current yield of the stock is around 4.3%. That starting base is particularly exceptional when you factor into account how quickly it tends to grow. For every share of Chevron that you owned in 1998, you got to collect $1.22 in dividends. Now, you get to collect $4.29 per share. The long-term dividend growth rate, while sporadic on a year-to-year basis, has a tendency to converge around the high single-digit rate: over the past five years, Chevron has raised its dividend at 9.5% annually. Over the … Read the rest of this article!