CNQ vs XOM: Which Is the Better Dividend Stock?
As of Oct 29, 2026, CNQ and XOM are closely matched. CNQ offers the higher yield at 3.25%, XOM has the higher dividend-safety score, and CNQ looks like the better value (its fair-value estimate is 36% below its share price).
Key facts: CNQ vs XOM
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Canadian Natural Resources Limited (CNQ) has the higher forward dividend yield at 3.25%, versus 2.29% for ExxonMobil Holdings Corporation (XOM).
- As of Oct 29, 2026, SmarterDividends grades CNQ's dividend safety C (65/100) and XOM's A (92/100).
- By SmarterDividends' count as of Oct 29, 2026, CNQ has raised its dividend for 10 consecutive years and XOM for 24.
- As of Oct 29, 2026, CNQ pays out 43% of its earnings as dividends and XOM pays out 53%.
- As of Oct 29, 2026, CNQ's fair-value estimate is 36% below its share price and XOM's fair-value estimate is 54% below its share price, so CNQ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CNQ vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/cnq-vs-xom
| Metric | CNQ | XOM |
|---|---|---|
| Forward yield | 3.25% | 2.29% |
| Annual dividend | $1.76 | $4.12 |
| Payout ratio | 43% | 53% |
| Years of growth | 10 yr | 24 yr |
| 5-yr dividend growth | 22.1% | 2.8% |
| 5-yr total return | 175% | 206% |
| Dividend safety score | 65 (C) | 92 (A) |
| Fair value estimate | $35.06 | $83.10 |
| Upside to fair value | -36% | -54% |
| Frequency | quarterly | quarterly |
| Market cap | $113.0B | $748.5B |
| P/E ratio | 13.5 | 23.2 |
Higher yield
CNQ
3.25%
Safer dividend
XOM
Grade A
Faster growth
CNQ
22.1%
Better value
CNQ
-36% upside
CNQ vs XOM — FAQ
Is CNQ or XOM a better dividend stock?
CNQ and XOM are closely matched. CNQ has the higher yield; XOM scores better on safety.
Which has a higher dividend yield, CNQ or XOM?
CNQ has the higher forward dividend yield at 3.25%, versus 2.29% for XOM.
Is CNQ or XOM safer?
XOM has the higher dividend-safety score (92/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is CNQ or XOM better value right now?
As of Oct 29, 2026, CNQ looks like the better value: its fair-value estimate is 36% below its share price (overvalued). For XOM, its fair-value estimate is 54% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.