Chevron raises quarterly dividend 4.6 percent

SAN RAMON, Calif. — Chevron Corp. raised its quarterly dividend by 4.6 percent to 68 cents a share from 65 cents a share.

The San Ramon, Calif.-based company said the dividend will be payable Sept. 10 to shareholders of record at the close of business Aug. 19. The board approved the dividend Wednesday.

Chevron, the nation’s second largest oil company, reports quarterly earnings on Friday.

Chevron’s shares fell $1.22 to close at $67.12.