CVX Dividend Calculator
Chevron Corporation — Project your returns with dividend reinvestment (DRIP). Pays quarterly.
What is CVX?
CVX is an income-focused ETF issued by Chevron. Dividend Aristocrat with 39 consecutive years of dividend increases. Second-largest U.S. integrated oil & gas major with roots to Standard Oil (founded 1879). Management has stated that growing the dividend consistently is its number-one financial priority — ahead of buybacks and capex. Quarterly dividend of $1.78/share ($7.12 annualized), forward yield ~3.7%, payout ratio under 50% which leaves meaningful room for continued increases.
CVX Dividend History
| Ex-Date | Amount | Change | Yield |
|---|---|---|---|
| Feb 17, 2026 | $1.7800 | +4.1% | 3.80% |
| Nov 18, 2025 | $1.7100 | +0.0% | 3.65% |
| Aug 19, 2025 | $1.7100 | +0.0% | 3.65% |
| May 19, 2025 | $1.7100 | +0.0% | 3.65% |
| Feb 14, 2025 | $1.7100 | +4.9% | 3.65% |
| Nov 18, 2024 | $1.6300 | +0.0% | 3.48% |
| Aug 19, 2024 | $1.6300 | +0.0% | 3.48% |
| May 16, 2024 | $1.6300 | +0.0% | 3.48% |
| Feb 15, 2024 | $1.6300 | +7.9% | 3.48% |
| Nov 16, 2023 | $1.5100 | +0.0% | 3.22% |
How CVX generates income
CVX is an income-focused ETF issued by Chevron. Dividend Aristocrat with 39 consecutive years of dividend increases. Second-largest U.S. integrated oil & gas major with roots to Standard Oil (founded 1879). Management has stated that growing the dividend consistently is its number-one financial priority — ahead of buybacks and capex. Quarterly dividend of $1.78/share ($7.12 annualized), forward yield ~3.7%, payout ratio under 50% which leaves meaningful room for continued increases.
The fund is designed for investors who prioritize regular income distributions. The yield comes from a combination of dividends from the underlying holdings and any income-generating strategies the fund employs.
About the CVX Dividend Calculator
This CVX dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live CVX data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.
The CVX DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more CVX shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting CVX dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.
Why this calculator is more accurate than most
Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.
We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.
You can toggle between the two modes above the input form. For CVX, dividend-growth mode is the default and matches how most investors think about this asset.
The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The CVX dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.