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Business Briefing / Energy

Chevron raises dividend 4.6%

July 30, 2009|TIMES WIRE REPORTS

Chevron Corp. raised its quarterly dividend 4.6% to 68 cents a share from 65 cents a share.

The nation's No. 2 oil company said the dividend would be payable Sept. 10 to shareholders at the close of business Aug. 19. San Ramon, Calif.-based Chevron will report quarterly earnings Friday.

Chevron shares fell $1.22, or 1.8%, to close at $67.12.

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