Barchart: Chevron Stock Has Bottomed Out – Investors Await a Dividend Hike and 4.3% Yield

From Barchart:



Investors in Chevron are optimistic about the company’s stock, expecting that it has hit its lowest point and will bounce back. They anticipate that Chevron will raise its dividend by 6.3% in January, resulting in a 4.3% yield for investors. Additionally, shorting out-of-the-money (OTM) puts is seen as a good income-earning strategy for shareholders.



Original: Chevron Stock Has Bottomed Out – Investors Await a Dividend Hike and 4.3% Yield