Chevron: 4% Dividend Yield And New Projects Fueling Long-Term Growth

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About: Chevron Corporation (CVX)
by: Sure Dividend
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Sure Dividend
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Summary

Chevron stock, along with the broader energy sector, has deeply underperformed the S&P 500 Index this year.

Weak oil and gas prices have crimped profits in the short term, but Chevron's impressive slate of projects should fuel strong long-term production growth.

In the meantime, investors receive a high dividend yield of 4% and reliable dividend increases from this Dividend Aristocrat.

By Josh Arnold

Oil and gas supermajor Chevron Corporation (NYSE:CVX) has spent most of the past twelve months trading sideways. Investors are worried about lower oil and gas prices negatively impacting Chevron’s margins,