CVX vs ET-PI: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. ET-PI offers the higher yield at 7.71%, CVX has the higher dividend-safety score, and ET-PI looks like the better value (its fair-value estimate is 76% above its share price).
Key facts: CVX vs ET-PI
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Energy Transfer LP (ET-PI) has the higher forward dividend yield at 7.71%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and ET-PI's C (62/100).
- By SmarterDividends' count as of Oct 27, 2026, CVX has raised its dividend for 38 consecutive years and ET-PI for 0.
- As of Oct 27, 2026, CVX's fair-value estimate is 52% below its share price and ET-PI's fair-value estimate is 76% above its share price, so ET-PI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs ET-PI: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cvx-vs-et-pi
| Metric | CVX | ET-PI |
|---|---|---|
| Forward yield | 3.07% | 7.71% |
| Annual dividend | $7.12 | $0.84 |
| Payout ratio | 67% | — |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 107% | — |
| Dividend safety score | 95 (A) | 62 (C) |
| Fair value estimate | $111.37 | $18.73 |
| Upside to fair value | -52% | +76% |
| Frequency | quarterly | quarterly |
| Market cap | $455.1B | — |
| P/E ratio | 22.3 | — |
Higher yield
ET-PI
7.71%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
ET-PI
+76% upside
CVX vs ET-PI — FAQ
Is CVX or ET-PI a better dividend stock?
On the data, CVX wins more head-to-head categories (3 vs 2). ET-PI offers the higher yield (7.71%), 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 ET-PI?
ET-PI has the higher forward dividend yield at 7.71%, versus 3.07% for CVX.
Is CVX or ET-PI safer?
CVX has the higher dividend-safety score (95/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or ET-PI better value right now?
As of Oct 27, 2026, ET-PI looks like the better value: its fair-value estimate is 76% above its share price (undervalued). For CVX, its fair-value estimate is 52% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.