Chevron Corporation (NYSE:CVX) will release earnings for its first quarter before the opening bell on Friday, May 1.
Analysts expect the company to report quarterly earnings of 97 cents per share. That’s down from $2.18 per share in the year-ago period. The consensus estimate for Chevron’s quarterly revenue is $52.7 billion. It reported $47.61 billion last year, according to Benzinga Pro.
Ahead of quarterly earnings, Scotiabank analyst Paul Cheng, on April 22, maintained Chevron with a Sector Perform and raised the price target from $168 to $187.
With the recent buzz around Chevron, some investors may be eyeing potential gains from the company’s dividends too. As of now, Chevron has an annual dividend yield of 3.70%, which is a quarterly dividend amount of $1.78 per share ($7.12 a year).
So, how can investors exploit its dividend yield …
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