Chevron Corporation (NYSE:CVX) is included among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now.
Oil and natural gas have always had a reputation for being highly volatile, meaning prices can move wildly in a matter of days. This impacts energy producers such as Chevron Corporation (NYSE:CVX) directly, and can have a substantial impact on its revenue and earnings from one quarter or year to the next.
Even so, energy exposure continues to be crucial for investors as the world is still heavily dependent on oil and gas. When prices fall, demand for these fuels is relatively inelastic, and the transition toward cleaner sources of energy probably won’t result in their complete displacement. Chevron Corporation (NYSE:CVX) is a significant provider of these vital commodities, so it has a critical role to play, and that makes it a compelling choice, particularly for investors who are dividend-focused.
Chevron Corporation (NYSE:CVX) is one of the best dividend aristocrat stocks to buy right now, as the company has consistently increased its payouts for 38 years. In addition, the company returned $5 billion to its shareholders over the last quarter. It currently offers a quarterly dividend of $1.71 per share and a dividend yield of 4.28%, as of September 26.
While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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