Chevron's Dividend Yields Big Returns for Patient Investors

Chevron's strong performance this year has caught investors' attention, with the stock up 41% compared to a 12% gain in the broader S&P 500 market.

The company's quarterly dividend of $1.79 per share makes its annual per-share dividend $7.12 and a dividend yield of 3.31%, based on the current share price of $215.

To earn $500 a month from Chevron stock, an investor would need to own about 842 shares, costing over $181,000 at the current price.