10 Best Stocks to Buy For Dividends

6. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 81

Chevron Corporation (NYSE:CVX) is among the best dividend stocks for 2025. The company continues to follow a consistent set of financial priorities. These include delivering steady dividend growth to shareholders, making long-term investments, maintaining a strong balance sheet to manage exposure to commodity price fluctuations, and repurchasing shares throughout market cycles.

In 2024, Chevron Corporation (NYSE:CVX) returned $11.8 billion in dividends. Over the past 15 years, its dividend has grown at an average annual rate of 6.2%, which is nearly 12 times higher than the average of its LTIP peer group and approximately three-quarters of the return generated by the S&P Total Return Index. By the end of the year, the company’s dividend yield was nearly three and a half times greater than that of the S&P Total Return Index.

Chevron Corporation (NYSE:CVX) has steadily increased its dividend for 38 consecutive years, even during difficult periods like the financial crisis and the COVID-19 pandemic. This consistent commitment to shareholder returns makes it a strong option for investors seeking reliable passive income. Offering a forward dividend yield of 4.78%, the stock stands out, especially given the company’s careful financial management. Over the past five years, Chevron has maintained an average payout ratio of 68.4%, reflecting a disciplined and sustainable approach to dividends. The company currently offers a quarterly dividend of $1.71 per share.