SmarterDividends

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

MetricCVXDLNG
Forward yield3.16%6.06%
Annual dividend$7.12$0.20
Payout ratio67%12%
Years of growth38 yr0 yr
5-yr dividend growth5.8%—
5-yr total return99%10%
Dividend safety score95 (A)53 (C)
Fair value estimate$111.37$3.22
Upside to fair value-51%-2%
Frequencyquarterlyquarterly
Market cap$441.3B$120.1M
P/E ratio21.72.0

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.

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