CHEVRON CORP (CVX) closed fiscal year 2025 with 1.99 B shares outstanding and a dividend of 6.84 USD per share.
CHEVRON CORP (CVX) closed fiscal year 2025 with 1.99 B shares outstanding and a dividend of 6.84 USD per share. Over the year the share count rose by 225 M shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has shrunk by 2.7 %. The dividend per share was 6.84 USD, up 4.9 % year on year. Total dividends paid came to 12.8 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 2.05B | 2.01B | 2.01B | 1.98B | 1.95B | 1.91B | 1.88B | 1.88B | 1.89B | 1.90B | 1.90B | 1.88B | 1.93B | 1.93B | 1.92B | 1.87B | 1.77B | 1.99B |
| Shares issued — SBC/options | — | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3.16M | 8.69M | 13.2M | 0.00M | 0.00M | 43.0M | 4.62M | 0.00M | 0.00M | 0.00M | 225M |
| Shares issued (%) | — | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.17 % | 0.46 % | 0.69 % | 0.00 % | 0.00 % | 2.23 % | 0.24 % | 0.00 % | 0.00 % | 0.00 % | 11.30 % |
| Shares repurchased | — | -42.3M | -0.24M | -26.3M | -34.5M | -33.1M | -34.0M | 0.00M | 0.00M | 0.00M | -1.86M | -20.7M | 0.00M | 0.00M | -14.6M | -49.6M | -96.6M | 0.00M |
| Shares repurchased (%) | — | -2.11 % | -0.01 % | -1.33 % | -1.77 % | -1.73 % | -1.81 % | 0.00 % | 0.00 % | 0.00 % | -0.10 % | -1.10 % | 0.00 % | 0.00 % | -0.76 % | -2.66 % | -5.46 % | 0.00 % |
| Net addition/reduction | — | -42.3M | -0.24M | -26.3M | -34.5M | -33.1M | -34.0M | 3.16M | 8.69M | 13.2M | -1.86M | -20.7M | 43.0M | 4.62M | -14.6M | -49.6M | -96.6M | 225M |
| Net addition/reduction (%) | — | -2.11 % | -0.01 % | -1.33 % | -1.77 % | -1.73 % | -1.81 % | 0.17 % | 0.46 % | 0.69 % | -0.10 % | -1.10 % | 2.23 % | 0.24 % | -0.76 % | -2.66 % | -5.46 % | 11.30 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 2.53 | 2.66 | 2.84 | 3.09 | 3.51 | 3.90 | 4.21 | 4.28 | 4.29 | 4.32 | 4.48 | 4.76 | 5.16 | 5.31 | 5.68 | 6.04 | 6.52 | 6.84 |
| Payout Ratio (%) | 21.57 % | 50.58 % | 29.80 % | 22.81 % | 26.14 % | 34.89 % | 41.20 % | 174.23 % | — | 88.44 % | 57.35 % | 306.40 % | — | 65.15 % | 30.93 % | 53.05 % | 66.82 % | 103.68 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 5.16B | 5.30B | 5.67B | 6.14B | 6.84B | 7.47B | 7.93B | 7.99B | 8.03B | 8.13B | 8.50B | 8.96B | 9.65B | 10.2B | 11.0B | 11.3B | 11.8B | 12.8B |
| Dividend Yield (%) | 3.60 % | 3.42 % | 3.11 % | 2.92 % | 3.30 % | 3.11 % | 3.72 % | 4.74 % | 3.64 % | 3.44 % | 4.12 % | 3.96 % | 6.08 % | 4.48 % | 3.21 % | 4.03 % | 4.53 % | 4.56 % |
Figures in USD