CVX · 10-Q · 2026Q2 · Full report

Capital Return Program (Dividend)

CHEVRON CORP · 2026-08-06 · Importance 49 · Surprise 6 · No source text

Chevron paid $7.0 billion in dividends to common stockholders during the first six months of 2026. In July 2026, the company declared a quarterly dividend of $1.78 per common share payable in September 2026. Management stated that the company can modify capital spending, curtail stock repurchases, sell assets or increase borrowings during periods of lower commodity prices while continuing to pay the common-stock dividend. The filing section does not disclose a 2026 buyback amount or authorization balance.

Key facts

• On January 25, 2023 the Board authorized repurchase of common stock in an aggregate amount of $75 billion (the "2023 Program"). source
• Chevron expects share repurchases in third quarter 2026 to be between $2.5-$3.0 billion. source
• In the aggregate the company has repurchased 281 million shares for $44.0 billion under the 2023 Program. source
• In July 2026, the company declared a quarterly dividend of $1.78 per common share, payable in September 2026. source
• The company paid dividends of $7.0 billion to common stockholders during the first six months of 2026. source
• The 2023 Program took effect on April 1, 2023 and does not have a fixed expiration date. source
• In second quarter 2026 the company repurchased 16.2 million shares for $3.0 billion. source

Impact estimates