About Chevron Corporation (CVX) — Dividend Analysis 2026
Chevron is a Dividend Aristocrat with 37+ consecutive years of increases. Strong balance sheet and low breakeven oil price allow dividend growth even in downturns. The Hess acquisition adds world-class assets in Guyana. Chevron's integrated model provides stability across commodity cycles.
Is CVX a good dividend investment in 2026?
CVX offers a 4.28% forward yield with a 55% payout ratio. With a safety score of 95/100, the dividend appears very safe. The 5-year dividend CAGR of 6.1% demonstrates strong, consistent growth that outpaces inflation.
CVX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your CVX portfolio grows to $36.1K vs $31.5K without reinvestment — a DRIP bonus of $4.7K. This is the compound interest effect in action.
CVX dividend growth history & forecast
CVX has grown its dividend by 7.9% over the last year and 6.1% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 4.28% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 CVX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold CVX.
Gross yield
4.28%
Tax rate
15.00%
After-tax yield
3.64%
Real yield (−CPI)
0.84%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.28%
1.48%
$428 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.64%
0.84%
$364 / yr
🇺🇸 US Taxable (20%)
20%
3.42%
0.62%
$342 / yr
🇬🇧 UK ISA
0%
4.28%
1.48%
$428 / yr
🇬🇧 UK Taxable
8.75%
3.91%
1.11%
$391 / yr
🇨🇦 TFSA
0%
4.28%
1.48%
$428 / yr
🇨🇦 CA Taxable
25%
3.21%
0.41%
$321 / yr
🇦🇺 Super (pension)
15%
3.64%
0.84%
$364 / yr
🇦🇺 AU Taxable
30%
3.00%
0.20%
$300 / yr
🇩🇪 DE Taxable
26.375%
3.15%
0.35%
$315 / yr
🇫🇷 FR Taxable
30%
3.00%
0.20%
$300 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 CVX Income Goal & Break-Even
Dividend Break-Even
17yr
Years for dividends to repay your full CVX investment price of $152.30/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$6.0K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$3.5K
How much do I need to invest in CVX for:
Shares needed
4,331
Capital required
$659,611
Monthly income
$2,000
Based on current dividend of $6.52/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 CVX Dividend Payment Schedule
CVX pays quarterly — 4 times per year. Next ex-div: Feb 18, 2026.
Jan
Feb
💰
Mar
Apr
May
💰
Jun
Jul
Aug
💰
Sep
Oct
Nov
💰
Dec
10 shares
$13.85 / payment
$55.42 / year after tax
100 shares
$138.55 / payment
$554.20 / year after tax
1,000 shares
$1385.50 / payment
$5542.00 / year after tax
📊 CVX vs Energy Sector Benchmarks
How CVX compares to typical Energy sector averages.
Dividend YieldCVX: +4.28% vs sector avg 4.60% ↓ Below avg
CVX━━ Energy avg: 4.60%
5Y Dividend CAGRCVX: +6.10% vs sector avg 5.50% ✓ Better
CVX━━ Energy avg: 5.50%
Payout RatioCVX: 55.00% vs sector avg 58.00% ✓ Better
CVX━━ Energy avg: 58.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.