Thursday, May 1, 2014
Chevron Gave me a Raise!
I would like to take a moment to thank Chevron Corp. (CVX) for giving me a 7% raise this year. Chevron has increased their dividends from $1.00 per share up to $1.07 per share. This is one of those warm fuzzy moments that occur multiple times a year when you invest in strong dividend growth stocks.
I personally own 9 shares of Chevron so this raise will net me an extra $2.52 per year. It doesn't seem like much but these raises add up tremendously year after year. I plan on putting this money to good use in my future purchases. So thank you Chevron for the extra cash, I will buy half a Subway sandwich in your honor. My yearly dividends going forward have increased to $942.29