CVX vs DTM: Which Is the Better Dividend Stock?
As of Nov 9, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. CVX offers the higher yield at 3.35%, CVX has the higher dividend-safety score, and DTM looks like the better value (its fair-value estimate is 38% below its share price).
Key facts: CVX vs DTM
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Chevron Corporation (CVX) has the higher forward dividend yield at 3.35%, versus 3.10% for DT Midstream, Inc. (DTM).
- As of Nov 9, 2026, SmarterDividends grades CVX's dividend safety A (98/100) and DTM's B (67/100).
- By SmarterDividends' count as of Nov 9, 2026, CVX has raised its dividend for 38 consecutive years and DTM for 4.
- As of Nov 9, 2026, CVX pays out 52% of its earnings as dividends and DTM pays out 75%.
- As of Nov 9, 2026, CVX's fair-value estimate is 44% below its share price and DTM's fair-value estimate is 38% below its share price, so DTM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs DTM: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/cvx-vs-dtm
| Metric | CVX | DTM |
|---|---|---|
| Forward yield | 3.35% | 3.10% |
| Annual dividend | $7.12 | $3.52 |
| Payout ratio | 52% | 75% |
| Years of growth | 38 yr | 4 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 88% | 148% |
| Dividend safety score | 98 (A) | 67 (B) |
| Fair value estimate | $119.76 | $70.16 |
| Upside to fair value | -44% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $414.9B | $11.6B |
| P/E ratio | 15.6 | 24.8 |
Higher yield
CVX
3.35%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
DTM
-38% upside
CVX vs DTM — FAQ
Is CVX or DTM a better dividend stock?
On the data, CVX wins more head-to-head categories (5 vs 2). CVX offers the higher yield (3.35%), 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 DTM?
CVX has the higher forward dividend yield at 3.35%, versus 3.10% for DTM.
Is CVX or DTM safer?
CVX has the higher dividend-safety score (98/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or DTM better value right now?
As of Nov 9, 2026, DTM looks like the better value: its fair-value estimate is 38% below its share price (overvalued). For CVX, its fair-value estimate is 44% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.