SmarterDividends

CVX vs DK: Which Is the Better Dividend Stock?

As of Oct 18, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. CVX offers the higher yield at 3.16%, CVX has the higher dividend-safety score, and CVX looks like the better value (its fair-value estimate is 51% below its share price).

Key facts: CVX vs DK

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Chevron Corporation (CVX) has the higher forward dividend yield at 3.16%, versus 1.33% for Delek US Holdings, Inc. (DK).
  • As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and DK's C (62/100).
  • By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and DK for 3.
  • As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and DK pays out 28%.
  • As of Oct 18, 2026, CVX's fair-value estimate is 51% below its share price and DK's fair-value estimate is 62% below its share price, so CVX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs DK: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-dk

MetricCVXDK
Forward yield3.16%1.33%
Annual dividend$7.12$1.02
Payout ratio67%28%
Years of growth38 yr3 yr
5-yr dividend growth5.8%-3.8%
5-yr total return99%388%
Dividend safety score95 (A)62 (C)
Fair value estimate$111.37$28.75
Upside to fair value-51%-62%
Frequencyquarterlyquarterly
Market cap$441.3B$4.7B
P/E ratio21.720.8

Higher yield

CVX

3.16%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

Better value

CVX

-51% upside

CVX vs DK — FAQ

Is CVX or DK a better dividend stock?

On the data, CVX wins more head-to-head categories (6 vs 2). CVX offers the higher yield (3.16%), 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, CVX or DK?

CVX has the higher forward dividend yield at 3.16%, versus 1.33% for DK.

Is CVX or DK safer?

CVX has the higher dividend-safety score (95/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or DK better value right now?

As of Oct 18, 2026, CVX looks like the better value: its fair-value estimate is 51% below its share price (overvalued). For DK, its fair-value estimate is 62% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.