Chevron Corp (CVX) stock has an attractive 4.5% dividend yield after its recent dividend per share hike. This is attractive to value investors, who can also take advantage of this by selling short out-of-the-money put options for extra income.
CVX is at $151.96 in midday trading on Tuesday, March 4, down from a recent high of $161.47 on Jan. 17. However, based on its historical dividend yield, CVX could be worth $169 per share.
