Beat the Dow Jones With This Cash-Gushing Dividend Stock

From Nasdaq:

Chevron is an oil and gas stock that has raised its dividend for 36 consecutive years. Despite the volatile nature of the industry, Chevron has been able to maintain its dividend payout and steady its financials through upstream and downstream operations. Last year, the company’s earnings soared due to high oil prices, but this year Chevron has seen a drop in revenue and net income. However, the company has used its earnings to repurchase stocks, pay off debt, and acquire other companies, which should position Chevron well for future success. Overall, Chevron is recommended as a solid long-term buy for investors.



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