ARLP vs CVX: Which Is the Better Dividend Stock?
As of Oct 27, 2026, ARLP and CVX are closely matched. ARLP offers the higher yield at 9.18%, CVX has the higher dividend-safety score, and ARLP looks like the better value (its fair-value estimate is 76% above its share price).
Key facts: ARLP vs CVX
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Alliance Resource Partners, L.P. (ARLP) has the higher forward dividend yield at 9.18%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades ARLP's dividend safety D (46/100) and CVX's A (95/100).
- By SmarterDividends' count as of Oct 27, 2026, ARLP has raised its dividend for 0 consecutive years and CVX for 38.
- As of Oct 27, 2026, ARLP pays out 117% of its earnings as dividends and CVX pays out 67%.
- As of Oct 27, 2026, ARLP's fair-value estimate is 76% above its share price and CVX's fair-value estimate is 52% below its share price, so ARLP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ARLP vs CVX: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/arlp-vs-cvx
| Metric | ARLP | CVX |
|---|---|---|
| Forward yield | 9.18% | 3.07% |
| Annual dividend | $2.40 | $7.12 |
| Payout ratio | 117% | 67% |
| Years of growth | 0 yr | 38 yr |
| 5-yr dividend growth | 10.2% | 5.8% |
| 5-yr total return | 156% | 107% |
| Dividend safety score | 46 (D) | 95 (A) |
| Fair value estimate | $46.35 | $111.37 |
| Upside to fair value | +76% | -52% |
| Frequency | quarterly | quarterly |
| Market cap | $3.4B | $455.1B |
| P/E ratio | 12.9 | 22.3 |
Higher yield
ARLP
9.18%
Safer dividend
CVX
Grade A
Faster growth
ARLP
10.2%
Better value
ARLP
+76% upside
ARLP vs CVX — FAQ
Is ARLP or CVX a better dividend stock?
ARLP and CVX are closely matched. ARLP has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, ARLP or CVX?
ARLP has the higher forward dividend yield at 9.18%, versus 3.07% for CVX.
Is ARLP or CVX safer?
CVX has the higher dividend-safety score (95/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is ARLP or CVX better value right now?
As of Oct 27, 2026, ARLP looks like the better value: its fair-value estimate is 76% above its share price (undervalued). For CVX, its fair-value estimate is 52% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.