The Chevron dividend has long caught my attention because it is usually higher than what you’d get from investing in the S&P 500, and the chronic undervaluation of Chevron shares permits those that reinvest the Chevron dividend to multiply their share count at a rate that is easy to underestimate. Although the price of Chevron stock has risen recently in response to expected global production cuts, the price of the stock is still in the $80s compared to a $50 price tag that was available in 2005.
Although it looks like investors have only gotten 78% cumulative returns over the past ten years, the Chevron dividend has done a lot to advance the share count for reinvestors over the same time period. Between 2005 and 2015, the Chevron corporation has declared $33.04 in cash dividends paid out to shareholders. For those that have been reinvesting, there have been payments of … Read the rest of this article!