Dow Dividend Stock #6 – Chevron (CVX)
|Market Cap: $137 billion
Having exceeded earnings estimates by +22% last quarter, Chevron (CVX) is going strong. The oil giant posts a dividend yield of 4.2% for shareholders. Despite the fact that Chevron’s stock is down -8.9% in 2010, its latest earning report showed +33% higher quarterly revenue than the previous year, with $48.2 billion in sales. This shows that Chevron has a bright future, and plenty of cash to maintain and even boost its dividend going forward.