Chevron Dividend Update: Key Information Ahead of Ex-Dividend Date May 19, 2025

Chevron Corporation has announced its latest dividend details, with an ex-dividend date set for May 19, 2025. The announcement was made on May 2, 2025, and the dividend will be payable on Jun 10, 2025, at a rate of $1.710 per share. This payout is notably higher compared to the average of the last ten dividends, which stood at approximately $0.812 per share. The dividend type is cash dividend, consistent with the previous dividend paid on Mar 10, 2025, which was also $1.710 per share.

Recently, Chevron has faced several developments affecting its market performance and operations. Over the past week, HSBC has downgraded Chevron from Buy to Hold, citing diminished valuation prospects and reduced shareholder distributions. Meanwhile, reports indicate that Chevron, along with some European firms, is engaged in discussions with the U.S. administration to retain their stakes in joint ventures. This strategic move is crucial as it may significantly influence Chevron’s operational stability and future growth potential.

In addition, Chevron's stock price target was recently lowered by analysts to $162 due to lower price realizations and weaker refining margins in the first quarter. However, Chevron's earnings slightly exceeded market expectations, indicating resilience in challenging conditions. As of late, Chevron's operations in Kazakhstan have begun to positively impact production volumes, suggesting a promising outlook for future performance.

In conclusion, Chevron's dividend situation and recent market activities highlight significant strategic maneuvers and financial adjustments. For investors, the ex-dividend date on May 19, 2025, marks the last opportunity to purchase shares and qualify for the dividend payout. Any acquisitions made post this date will not be eligible for the current dividend entitlement.