Chevron and Canadian Natural Resources lift dividends on strong results
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Chevron and Canadian Natural Resources have increased their dividends, with Chevron achieving 39 consecutive years of payout increases and CNQ reaching 26 years. Both companies maintain a cost advantage, operating below current oil prices, which supports sustainable dividends. Chevron plans to execute $10–$20 billion in annual buybacks, while CNQ is also funding significant repurchases alongside its dividends.
Source: MSN The copyright of this article belongs to the original author/organization.
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