13 Best Fortune 500 Dividend Stocks to Invest In

Page 10 of 11

2. Chevron Corporation (NYSE:CVX)

% Dividend Yield: 4.29%

Chevron Corporation (NYSE:CVX) secures a spot in our list of 13 best Fortune 500 dividend stocks to invest in. Despite the decline in Q2 2025, the company progresses with acquisitions and divestitures.

On August 1, 2025, Chevron Corporation (NYSE:CVX) reported Q2 2025 earnings of $2.5 billion, a huge drop from the prior year’s Q2 revenue of $4.4 billion. The decline was attributed to a fair value measurement loss related to Hess Corporation shares and pension curtailment costs. Despite the earnings decline, the company achieved record production, including a milestone of one million barrels of oil equivalent per day in the Permian Basin.

Additionally, the company has completed the Hess Corporation acquisition in July 2025, and the returns from this acquisition are expected to be realized in the upcoming quarters. Meanwhile, as part of its $3 billion cost-cutting target, before the end of 2026, the company intends to sell its 50% stake in a Singapore refinery, a move valued at approximately $1 billion.

While taking these significant steps, the company remains a worthy investment for those seeking stable income, with a dividend yield of 4.29%.

The American multinational energy corporation, Chevron Corporation (NYSE:CVX), was founded in 1879. Based in California, it is one of the world’s largest integrated energy companies with business operations reaching every aspect of the oil and gas industry, including exploration, production, refining, marketing, and transportation.

Page 10 of 11