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Chevron raises quarterly dividend by seven per cent

Chevron increases the quarterly payout up to $1.07 per share
Mumbai: Chevron corp, the second-largest us oil company, stated that it has increased its quarterly dividend by 7 per cent. The company, which last raised its dividend in april 2013, increased the quarterly payout to $1.07 per share.

Exxon mobil corp , the world's largest publicly traded oil company, also raised its quarterly dividend on wednesday, to 69 cents per share from 63 cents.

( Source : reuters )
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