BUSINESS BRIEFING / ENERGY
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TIMES WIRE REPORTS
Chevron Corp. raised its quarterly dividend 4.6% to 68 cents a share from 65 cents a share.
The nation’s No. 2 oil company said the dividend would be payable Sept. 10 to shareholders at the close of business Aug. 19. San Ramon, Calif.-based Chevron will report quarterly earnings Friday.
Chevron shares fell $1.22, or 1.8%, to close at $67.12.
