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Chevron Announces Quarterly Dividend

SAN RAMON, Calif., July 27, 2011 – The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of seventy-eight cents ($0.78) per share, payable September 12, 2011, to holders of common stock as shown by the transfer records of the Corporation at the close of business on August 19, 2011.