By Marc Lichtenfeld Chevron (NYSE: CVX) is a member of the esteemed Dividend Aristocrats. These are companies that are in the S&P 500 and have raised their dividends for 25 years in a row or longer.
It is an esteemed club with only 66 companies included.
Investors love Dividend Aristocrats because they historically beat the market with lower volatility.
Chevron has been in the dividend-raising business since 1988. Back then, we had no cellphones and no internet, but we did still have the Soviet Union. And we were just a year past the 1987 stock market crash. That was a long time ago.
Will Chevron’s dividend be …read more