CVX vs DLNG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. DLNG offers the higher yield at 6.06%, CVX has the higher dividend-safety score, and DLNG looks like the better value (its fair-value estimate is 2% below its share price).
Key facts: CVX vs DLNG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Dynagas LNG Partners LP (DLNG) has the higher forward dividend yield at 6.06%, versus 3.16% for Chevron Corporation (CVX).
- As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and DLNG's C (53/100).
- By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and DLNG for 0.
- As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and DLNG pays out 12%.
- As of Oct 18, 2026, CVX's fair-value estimate is 51% below its share price and DLNG's fair-value estimate is 2% below its share price, so DLNG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs DLNG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-dlng
| Metric | CVX | DLNG |
|---|---|---|
| Forward yield | 3.16% | 6.06% |
| Annual dividend | $7.12 | $0.20 |
| Payout ratio | 67% | 12% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 99% | 10% |
| Dividend safety score | 95 (A) | 53 (C) |
| Fair value estimate | $111.37 | $3.22 |
| Upside to fair value | -51% | -2% |
| Frequency | quarterly | quarterly |
| Market cap | $441.3B | $120.1M |
| P/E ratio | 21.7 | 2.0 |
Higher yield
DLNG
6.06%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
DLNG
-2% upside
CVX vs DLNG — FAQ
Is CVX or DLNG a better dividend stock?
On the data, CVX wins more head-to-head categories (4 vs 3). DLNG offers the higher yield (6.06%), 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 DLNG?
DLNG has the higher forward dividend yield at 6.06%, versus 3.16% for CVX.
Is CVX or DLNG safer?
CVX has the higher dividend-safety score (95/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or DLNG better value right now?
As of Oct 18, 2026, DLNG looks like the better value: its fair-value estimate is 2% below its share price (fairly valued). For CVX, its fair-value estimate is 51% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


