BP vs XOM: Which Is the Better Dividend Stock?
As of Oct 25, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BP offers the higher yield at 3.93%, XOM has the higher dividend-safety score, and BP looks like the better value (its fair-value estimate is 28% below its share price).
Key facts: BP vs XOM
Data as of · Source: SmarterDividends data
- As of Oct 25, 2026, BP p.l.c. (BP) has the higher forward dividend yield at 3.93%, versus 2.25% for ExxonMobil Holdings Corporation (XOM).
- As of Oct 25, 2026, SmarterDividends grades BP's dividend safety B (68/100) and XOM's A (92/100).
- By SmarterDividends' count as of Oct 25, 2026, BP has raised its dividend for 4 consecutive years and XOM for 24.
- As of Oct 25, 2026, BP pays out 95% of its earnings as dividends and XOM pays out 53%.
- As of Oct 25, 2026, BP's fair-value estimate is 28% below its share price and XOM's fair-value estimate is 55% below its share price, so BP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BP vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 25, 2026, https://smarterdividends.com/compare/bp-vs-xom
| Metric | BP | XOM |
|---|---|---|
| Forward yield | 3.93% | 2.25% |
| Annual dividend | $2.02 | $4.12 |
| Payout ratio | 95% | 53% |
| Years of growth | 4 yr | 24 yr |
| 5-yr dividend growth | 0.7% | 2.8% |
| 5-yr total return | 98% | 206% |
| Dividend safety score | 68 (B) | 92 (A) |
| Fair value estimate | $37.00 | $83.10 |
| Upside to fair value | -28% | -55% |
| Frequency | quarterly | quarterly |
| Market cap | $132.2B | $753.3B |
| P/E ratio | 25.0 | 23.6 |
Higher yield
BP
3.93%
Safer dividend
XOM
Grade A
Faster growth
XOM
2.8%
Better value
BP
-28% upside
BP vs XOM — FAQ
Is BP or XOM a better dividend stock?
On the data, XOM wins more head-to-head categories (6 vs 2). BP offers the higher yield (3.93%), while XOM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BP or XOM?
BP has the higher forward dividend yield at 3.93%, versus 2.25% for XOM.
Is BP or XOM safer?
XOM has the higher dividend-safety score (92/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is BP or XOM better value right now?
As of Oct 25, 2026, BP looks like the better value: its fair-value estimate is 28% below its share price (overvalued). For XOM, its fair-value estimate is 55% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.