CVX vs FRO: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CVX and FRO are closely matched. FRO offers the higher yield at 9.74%, CVX has the higher dividend-safety score, and FRO looks like the better value (its fair-value estimate is 28% above its share price).
Key facts: CVX vs FRO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Frontline plc (FRO) has the higher forward dividend yield at 9.74%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and FRO's C (60/100).
- By SmarterDividends' count as of Oct 27, 2026, CVX has raised its dividend for 38 consecutive years and FRO for 0.
- As of Oct 27, 2026, CVX pays out 67% of its earnings as dividends and FRO pays out 47%.
- As of Oct 27, 2026, CVX's fair-value estimate is 52% below its share price and FRO's fair-value estimate is 28% above its share price, so FRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs FRO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cvx-vs-fro
| Metric | CVX | FRO |
|---|---|---|
| Forward yield | 3.07% | 9.74% |
| Annual dividend | $7.12 | $5.38 |
| Payout ratio | 67% | 47% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | -18.7% |
| 5-yr total return | 107% | 673% |
| Dividend safety score | 95 (A) | 60 (C) |
| Fair value estimate | $111.37 | $70.86 |
| Upside to fair value | -52% | +28% |
| Frequency | quarterly | quarterly |
| Market cap | $455.1B | $12.3B |
| P/E ratio | 22.3 | 8.3 |
Higher yield
FRO
9.74%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
FRO
+28% upside
CVX vs FRO — FAQ
Is CVX or FRO a better dividend stock?
CVX and FRO are closely matched. FRO has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, CVX or FRO?
FRO has the higher forward dividend yield at 9.74%, versus 3.07% for CVX.
Is CVX or FRO safer?
CVX has the higher dividend-safety score (95/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or FRO better value right now?
As of Oct 27, 2026, FRO looks like the better value: its fair-value estimate is 28% 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.