Coca-Cola Is a Passive Income Powerhouse, but So Is This Cash-Gushing Oil Stock That Plans to Pay Over $11 Billion in Dividends by the End of the Year
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Coca-Cola is recognized as a strong source of passive income, but Chevron is also highlighted for its substantial dividend payouts, planning to distribute over $11 billion by year-end. Chevron's dividends are noted for their high yield and reliability.
November 14, 2024 | 9:45 am
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Chevron is planning to pay over $11 billion in dividends by the end of the year, highlighting its high yield and reliability as a dividend stock.
Chevron's announcement of over $11 billion in dividend payouts by year-end emphasizes its commitment to returning value to shareholders. This substantial dividend plan is likely to attract income-focused investors, potentially driving up the stock price in the short term.
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