Chevron's Latest 5-Yr Plan Implies a Major Dividend Hike - CXX Stock Looks Cheap
Chevron Corp. (CVX) outlined a sustainable cash flow plan during its November 12 Investor Day that implies a potentially sizable dividend hike. It has averaged 7% over the 25 years, outperforming rivals. Even with a 5% hike in January, CVX stock looks undervalued. CVX closed at 148.90 on Oct. 10. Moreover, it's well off recent peaks of 161.83 on Sept. 2. More News from Barchart CVX stock - last 3 months - Barchart - As of No ...