CVE vs PCCYF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, PCCYF (PetroChina Company Limited) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. PCCYF offers the higher yield at 5.85%, PCCYF has the higher dividend-safety score, and PCCYF looks like the better value (its fair-value estimate is 6% below its share price).
Key facts: CVE vs PCCYF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, PetroChina Company Limited (PCCYF) has the higher forward dividend yield at 5.85%, versus 2.21% for Cenovus Energy Inc. (CVE).
- As of Nov 5, 2026, SmarterDividends grades CVE's dividend safety C (59/100) and PCCYF's C (64/100).
- By SmarterDividends' count as of Nov 5, 2026, CVE has raised its dividend for 4 consecutive years and PCCYF for 5.
- As of Nov 5, 2026, CVE pays out 23% of its earnings as dividends and PCCYF pays out 52%.
- As of Nov 5, 2026, CVE's fair-value estimate is 30% below its share price and PCCYF's fair-value estimate is 6% below its share price, so PCCYF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVE vs PCCYF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cve-vs-pccyf
| Metric | CVE | PCCYF |
|---|---|---|
| Forward yield | 2.21% | 5.85% |
| Annual dividend | $0.63 | $0.08 |
| Payout ratio | 23% | 52% |
| Years of growth | 4 yr | 5 yr |
| 5-yr dividend growth | 24.8% | 26.0% |
| 5-yr total return | 176% | 187% |
| Dividend safety score | 59 (C) | 64 (C) |
| Fair value estimate | $20.02 | $1.23 |
| Upside to fair value | -30% | -6% |
| Frequency | quarterly | annual |
| Market cap | $51.4B | $322.7B |
| P/E ratio | 10.9 | 8.7 |
Higher yield
PCCYF
5.85%
Safer dividend
PCCYF
Grade C
Faster growth
PCCYF
26.0%
Better value
PCCYF
-6% upside
CVE vs PCCYF — FAQ
Is CVE or PCCYF a better dividend stock?
On the data, PCCYF wins more head-to-head categories (6 vs 2). PCCYF offers the higher yield (5.85%), while PCCYF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CVE or PCCYF?
PCCYF has the higher forward dividend yield at 5.85%, versus 2.21% for CVE.
Is CVE or PCCYF safer?
PCCYF has the higher dividend-safety score (64/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is CVE or PCCYF better value right now?
As of Nov 5, 2026, PCCYF looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). For CVE, its fair-value estimate is 30% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.