10 Best Value Dividend Stocks to Invest in According to the Media

7. Chevron Corporation (NYSE:CVX)

Forward P/E Ratios: 14.62

Chevron Corporation (NYSE:CVX) ranks seventh on our list of the best value stocks according to the media. The American leading oil and gas company has built a strong financial foundation, providing a buffer against extended downturns in the oil and gas sector. The company has taken advantage of robust profits in recent years to reduce its debt load and reward shareholders with dividends and stock repurchases. As of now, it holds just $17.2 billion in net long-term debt, with a notably low debt-to-capital ratio of 13.6%, reflecting a capital structure that relies minimally on borrowing.

Chevron Corporation (NYSE:CVX) delivered solid fourth-quarter results for 2024, posting revenue of $52.23 billion, which showed a 10.7% increase from the same quarter in the previous year and beating analyst estimates by more than $3.8 billion. This growth was largely fueled by a 7% increase in global output and a 19% jump in US production, both setting new records for the year.

Chevron Corporation (NYSE:CVX) also brought in nearly $8 billion from asset sales, maintaining a healthy financial position with a year-end net debt ratio of just 10%. Chevron’s steady cash reserves have supported its dividend strategy over time. For fiscal 2024, the company reported $31.5 billion in operating cash flow and $15 billion in free cash flow. Thanks to this strong cash generation, it returned $12 billion to shareholders through dividends and repurchased over $15 billion in stock, underscoring its continued focus on shareholder returns.

Chevron Corporation (NYSE:CVX) currently offers a quarterly dividend of $1.71 per share and has a dividend yield of 5.11%, as of April 21. The company has been rewarding shareholders with growing dividends for the past 38 consecutive years.