CVX vs EPD: Which Is the Better Dividend Stock?
As of Oct 30, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. EPD offers the higher yield at 5.89%, CVX has the higher dividend-safety score, and EPD looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: CVX vs EPD
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Enterprise Products Partners L.P. (EPD) has the higher forward dividend yield at 5.89%, versus 3.11% for Chevron Corporation (CVX).
- As of Oct 30, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and EPD's A (89/100).
- By SmarterDividends' count as of Oct 30, 2026, CVX has raised its dividend for 38 consecutive years and EPD for 26.
- As of Oct 30, 2026, CVX pays out 67% of its earnings as dividends and EPD pays out 76%.
- As of Oct 30, 2026, CVX's fair-value estimate is 52% below its share price and EPD's fair-value estimate is 22% above its share price, so EPD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs EPD: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/cvx-vs-epd
| Metric | CVX | EPD |
|---|---|---|
| Forward yield | 3.11% | 5.89% |
| Annual dividend | $7.12 | $2.24 |
| Payout ratio | 67% | 76% |
| Years of growth | 38 yr | 26 yr |
| 5-yr dividend growth | 5.8% | 3.9% |
| 5-yr total return | 107% | 73% |
| Dividend safety score | 95 (A) | 89 (A) |
| Fair value estimate | $111.37 | $47.69 |
| Upside to fair value | -52% | +22% |
| Frequency | quarterly | quarterly |
| Market cap | $454.0B | $84.3B |
| P/E ratio | 22.3 | 13.6 |
Higher yield
EPD
5.89%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
EPD
+22% upside
CVX vs EPD — FAQ
Is CVX or EPD a better dividend stock?
On the data, CVX wins more head-to-head categories (6 vs 2). EPD offers the higher yield (5.89%), 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 EPD?
EPD has the higher forward dividend yield at 5.89%, versus 3.11% for CVX.
Is CVX or EPD safer?
CVX has the higher dividend-safety score (95/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or EPD better value right now?
As of Oct 30, 2026, EPD looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For CVX, its fair-value estimate is 52% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.