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Will Chevron Raise Its Dividend in 2020?


2019 hasn't been the best of years for the energy sector, although oil giants like Chevron (NYSE: CVX) have done their best to make the most of available opportunities. Even with crude oil remaining at relatively low levels, Chevron's stock is up slightly for the year, although it's trailing the performance of broader stock indexes.

For dividend investors, Chevron's appeal remains strong. The oil giant has consistently made bigger payouts to its shareholders over the years, and even though the energy markets haven't entirely cooperated with its business plans, Chevron has nevertheless worked hard to solidify its ability to keep making growing dividend payments over time. Let's look more closely at Chevron to see what dividend investors should expect in 2020.

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Source Fool.com

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