CVX vs EXE: Which Is the Better Dividend Stock?
As of September 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. CVX offers the higher yield at 3.40%, CVX has the higher dividend-safety score, and EXE trades at the larger discount to fair value (+36%).
| Metric | CVX | EXE |
|---|---|---|
| Forward yield | 3.40% | 2.63% |
| Annual dividend | $7.12 | $2.30 |
| Payout ratio | 67% | 28% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 83% | 37% |
| Dividend safety score | 95 (A) | 61 (C) |
| Fair value estimate | $116.68 | $119.27 |
| Upside to fair value | -44% | +36% |
| Frequency | quarterly | quarterly |
| Market cap | $411.0B | $20.9B |
| P/E ratio | 20.2 | 7.5 |
Higher yield
CVX
3.40%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
EXE
+36% upside
CVX vs EXE — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.