Chevron raises dividend to $1 from 90 cents
Chevron raises its quarterly dividend to $1 from 90 cents per share
SAN RAMON, Calif. (AP) -- Chevron Corp. on Wednesday raised its quarterly dividend to $1 from 90 cents per share.
The dividend is payable June 10 to shareholders of record on May 17.
Chevron shares rose 80 cents to close at $118.28.
The second largest U.S. oil and gas company is scheduled to report first-quarter results Friday.