CVE vs RYDAF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, RYDAF (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RYDAF offers the higher yield at 3.12%, RYDAF has the higher dividend-safety score, and RYDAF looks like the better value (its fair-value estimate is 17% below its share price).
Key facts: CVE vs RYDAF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Shell plc (RYDAF) has the higher forward dividend yield at 3.12%, versus 2.21% for Cenovus Energy Inc. (CVE).
- As of Nov 5, 2026, SmarterDividends grades CVE's dividend safety C (59/100) and RYDAF's B (66/100).
- By SmarterDividends' count as of Nov 5, 2026, CVE has raised its dividend for 4 consecutive years and RYDAF for 5.
- As of Nov 5, 2026, CVE pays out 23% of its earnings as dividends and RYDAF pays out 26%.
- As of Nov 5, 2026, CVE's fair-value estimate is 30% below its share price and RYDAF's fair-value estimate is 17% below its share price, so RYDAF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVE vs RYDAF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cve-vs-rydaf
| Metric | CVE | RYDAF |
|---|---|---|
| Forward yield | 2.21% | 3.12% |
| Annual dividend | $0.63 | $1.56 |
| Payout ratio | 23% | 26% |
| Years of growth | 4 yr | 5 yr |
| 5-yr dividend growth | 24.8% | 16.7% |
| 5-yr total return | 176% | 154% |
| Dividend safety score | 59 (C) | 66 (B) |
| Fair value estimate | $20.02 | $42.42 |
| Upside to fair value | -30% | -17% |
| Frequency | quarterly | semiannual |
| Market cap | $51.4B | $287.9B |
| P/E ratio | 10.9 | 8.8 |
Higher yield
RYDAF
3.12%
Safer dividend
RYDAF
Grade B
Faster growth
CVE
24.8%
Better value
RYDAF
-17% upside
CVE vs RYDAF — FAQ
Is CVE or RYDAF a better dividend stock?
On the data, RYDAF wins more head-to-head categories (5 vs 3). RYDAF offers the higher yield (3.12%), while RYDAF 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 RYDAF?
RYDAF has the higher forward dividend yield at 3.12%, versus 2.21% for CVE.
Is CVE or RYDAF safer?
RYDAF has the higher dividend-safety score (66/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is CVE or RYDAF better value right now?
As of Nov 5, 2026, RYDAF looks like the better value: its fair-value estimate is 17% below its share price (overvalued). For CVE, its fair-value estimate is 30% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.