press release

Chevron Press Release - Chevron Declares Dividend

SAN FRANCISCO, April 27, 1994 -- Chevron Corp. declared a quarterly dividend of 92.5 cents per share, payable June 10 to stockholders of record May 11. The dividend rate is unchanged from the preceding quarter.

In the event stockholders approve the proposed two-for-one stock split of the Corporation's common stock at the May 3, 1994, Annual Meeting of Stockholders, the stock split will become effective immediately after the close of business on May 11, 1994, and additional shares will be payable June 10, 1994, to stockholders of record on the effective date.

The quarterly dividend declared today applies to pre-split shares only.

Updated: April 1994