SmarterDividends

CVX vs EGY: Which Is the Better Dividend Stock?

As of Nov 8, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. EGY offers the higher yield at 4.65%, CVX has the higher dividend-safety score, and EGY looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: CVX vs EGY

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, VAALCO Energy, Inc. (EGY) has the higher forward dividend yield at 4.65%, versus 3.35% for Chevron Corporation (CVX).
  • As of Nov 8, 2026, SmarterDividends grades CVX's dividend safety A (98/100) and EGY's B (70/100).
  • By SmarterDividends' count as of Nov 8, 2026, CVX has raised its dividend for 38 consecutive years and EGY for 0.
  • As of Nov 8, 2026, CVX pays out 52% of its earnings as dividends and EGY pays out 93%.
  • As of Nov 8, 2026, CVX's fair-value estimate is 44% below its share price and EGY's fair-value estimate is 40% above its share price, so EGY looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs EGY: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/cvx-vs-egy

MetricCVXEGY
Forward yield3.35%4.65%
Annual dividend$7.12$0.25
Payout ratio52%93%
Years of growth38 yr0 yr
5-yr dividend growth5.8%—
5-yr total return88%76%
Dividend safety score98 (A)70 (B)
Fair value estimate$119.76$7.54
Upside to fair value-44%+40%
Frequencyquarterlyquarterly
Market cap$414.9B$565.9M
P/E ratio15.6—

Higher yield

EGY

4.65%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

Better value

EGY

+40% upside

CVX vs EGY — FAQ

Is CVX or EGY a better dividend stock?

On the data, CVX wins more head-to-head categories (5 vs 2). EGY offers the higher yield (4.65%), 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 EGY?

EGY has the higher forward dividend yield at 4.65%, versus 3.35% for CVX.

Is CVX or EGY safer?

CVX has the higher dividend-safety score (98/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or EGY better value right now?

As of Nov 8, 2026, EGY looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For CVX, its fair-value estimate is 44% below its share price.

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