Near a 52-Week Low, Here's Why This 4.8%-Yielding Dividend Stock Is a Top Buy for Passive Income
Chevron (NYSE: CVX) is an integrated oil and gas major with a growing exploration and production business, sizable refining segment, investments in low-carbon solutions, and more. But the stock has fallen roughly 16% from its 52-week high -- a swift decline considering the high came less than two months ago.With a yield of 4.8%, here's why Chevron is an excellent dividend stock for passive income investors to scoop up now.Image source: Getty Images.Continue reading
Chevron (NYSE: CVX) is an integrated oil and gas major with a growing exploration and production business, sizable refining segment, investments in low-carbon solutions, and more. But the stock has fallen roughly 16% from its 52-week high -- a swift decline considering the high came less than two months ago.
With a yield of 4.8%, here's why Chevron is an excellent dividend stock for passive income investors to scoop up now.
Image source: Getty Images.
