CVX vs ENB: Which Is the Better Dividend Stock?
As of Nov 2, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. ENB offers the higher yield at 5.66%, CVX has the higher dividend-safety score, and ENB looks like the better value (its fair-value estimate is 3% below its share price).
Key facts: CVX vs ENB
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Enbridge Inc. (ENB) has the higher forward dividend yield at 5.66%, versus 3.02% for Chevron Corporation (CVX).
- As of Nov 2, 2026, SmarterDividends grades CVX's dividend safety A (96/100) and ENB's C (59/100).
- By SmarterDividends' count as of Nov 2, 2026, CVX has raised its dividend for 38 consecutive years and ENB for 2.
- As of Nov 2, 2026, CVX pays out 67% of its earnings as dividends and ENB pays out 148%.
- As of Nov 2, 2026, CVX's fair-value estimate is 58% below its share price and ENB's fair-value estimate is 3% below its share price, so ENB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs ENB: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/cvx-vs-enb
| Metric | CVX | ENB |
|---|---|---|
| Forward yield | 3.02% | 5.66% |
| Annual dividend | $7.12 | $2.80 |
| Payout ratio | 67% | 148% |
| Years of growth | 38 yr | 2 yr |
| 5-yr dividend growth | 5.8% | 2.3% |
| 5-yr total return | 109% | 32% |
| Dividend safety score | 96 (A) | 59 (C) |
| Fair value estimate | $99.92 | $47.99 |
| Upside to fair value | -58% | -3% |
| Frequency | quarterly | quarterly |
| Market cap | $459.5B | $110.2B |
| P/E ratio | 17.3 | 26.4 |
Higher yield
ENB
5.66%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
ENB
-3% upside
CVX vs ENB — FAQ
Is CVX or ENB a better dividend stock?
On the data, CVX wins more head-to-head categories (6 vs 2). ENB offers the higher yield (5.66%), 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 ENB?
ENB has the higher forward dividend yield at 5.66%, versus 3.02% for CVX.
Is CVX or ENB safer?
CVX has the higher dividend-safety score (96/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or ENB better value right now?
As of Nov 2, 2026, ENB looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). For CVX, its fair-value estimate is 58% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.