Tuesday, January 14, 2020

Rebalancing: Chevron (CVX)

On Monday this week (13 Jan 2020), we increased our position in Chevron (CVX). The average price per share was USD 116.47.

We regularly review our positions and adjust them based on information available at the time. CVX was cheap relative to our other positions, so we decided to add more of this dividend aristocrat. While we don't see a lot of upside for big oil in general, the dividend yield for CVX is about 4% which is quite attractive by comparison.

We hold positions of companies that do not pay dividends (yet). On the other hand having a stream of cash separately from selling shares at a gain, provides additional options for managing our portfolio.

Disclosure: We hold positions in all of the companies mentioned in this post. Do your own due diligence and consult with a financial advisor before making financial decisions. This blog is for inspiration only. All responsibility with decisions you make is yours.

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