BSM vs CVX: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BSM offers the higher yield at 8.19%, CVX has the higher dividend-safety score, and BSM looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: BSM vs CVX
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Black Stone Minerals, L.P. (BSM) has the higher forward dividend yield at 8.19%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades BSM's dividend safety C (50/100) and CVX's A (95/100).
- By SmarterDividends' count as of Oct 27, 2026, BSM has raised its dividend for 0 consecutive years and CVX for 38.
- As of Oct 27, 2026, BSM pays out 100% of its earnings as dividends and CVX pays out 67%.
- As of Oct 27, 2026, BSM's fair-value estimate is 43% above its share price and CVX's fair-value estimate is 52% below its share price, so BSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BSM vs CVX: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bsm-vs-cvx
| Metric | BSM | CVX |
|---|---|---|
| Forward yield | 8.19% | 3.07% |
| Annual dividend | $1.22 | $7.12 |
| Payout ratio | 100% | 67% |
| Years of growth | 0 yr | 38 yr |
| 5-yr dividend growth | 21.7% | 5.8% |
| 5-yr total return | 34% | 107% |
| Dividend safety score | 50 (C) | 95 (A) |
| Fair value estimate | $21.28 | $111.37 |
| Upside to fair value | +43% | -52% |
| Frequency | quarterly | quarterly |
| Market cap | $3.2B | $455.1B |
| P/E ratio | 12.4 | 22.3 |
Higher yield
BSM
8.19%
Safer dividend
CVX
Grade A
Faster growth
BSM
21.7%
Better value
BSM
+43% upside
BSM vs CVX — FAQ
Is BSM or CVX a better dividend stock?
On the data, CVX wins more head-to-head categories (5 vs 3). BSM offers the higher yield (8.19%), while CVX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BSM or CVX?
BSM has the higher forward dividend yield at 8.19%, versus 3.07% for CVX.
Is BSM or CVX safer?
CVX has the higher dividend-safety score (95/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is BSM or CVX better value right now?
As of Oct 27, 2026, BSM looks like the better value: its fair-value estimate is 43% 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.