CVX vs EQNR: Which Is the Better Dividend Stock?
As of Oct 29, 2026, CVX and EQNR are closely matched. EQNR offers the higher yield at 3.31%, CVX has the higher dividend-safety score, and EQNR looks like the better value (its fair-value estimate is 27% below its share price).
Key facts: CVX vs EQNR
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Equinor ASA (EQNR) has the higher forward dividend yield at 3.31%, versus 3.12% for Chevron Corporation (CVX).
- As of Oct 29, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and EQNR's C (58/100).
- By SmarterDividends' count as of Oct 29, 2026, CVX has raised its dividend for 38 consecutive years and EQNR for 0.
- As of Oct 29, 2026, CVX pays out 67% of its earnings as dividends and EQNR pays out 41%.
- As of Oct 29, 2026, CVX's fair-value estimate is 51% below its share price and EQNR's fair-value estimate is 27% below its share price, so EQNR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs EQNR: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/cvx-vs-eqnr
| Metric | CVX | EQNR |
|---|---|---|
| Forward yield | 3.12% | 3.31% |
| Annual dividend | $7.12 | $1.56 |
| Payout ratio | 67% | 41% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | 15.5% |
| 5-yr total return | 107% | 95% |
| Dividend safety score | 95 (A) | 58 (C) |
| Fair value estimate | $111.37 | $34.85 |
| Upside to fair value | -51% | -27% |
| Frequency | quarterly | quarterly |
| Market cap | $449.6B | $112.8B |
| P/E ratio | 22.1 | 9.9 |
Higher yield
EQNR
3.31%
Safer dividend
CVX
Grade A
Faster growth
EQNR
15.5%
Better value
EQNR
-27% upside
CVX vs EQNR — FAQ
Is CVX or EQNR a better dividend stock?
CVX and EQNR are closely matched. EQNR has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, CVX or EQNR?
EQNR has the higher forward dividend yield at 3.31%, versus 3.12% for CVX.
Is CVX or EQNR safer?
CVX has the higher dividend-safety score (95/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or EQNR better value right now?
As of Oct 29, 2026, EQNR looks like the better value: its fair-value estimate is 27% below its share price (overvalued). For CVX, its fair-value estimate is 51% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.