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What Happened The Last Time Chevron Had A 4% Yield?

On February 2, shares of Chevron (NYSE:CVX) closed at a price around $106. Based on a $1.07 quarterly dividend, this equates to a trailing dividend yield around 4%. Now obviously history isn't perfectively indicative of the future. However, it can be instructive with regard to how you think about the investing process. With this in mind, and given a higher than "normal" yield, I thought it might be interesting to revisit past instances where shares of Chevron traded with a 4% dividend…