CVX vs GEL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. GEL offers the higher yield at 5.62%, CVX has the higher dividend-safety score, and GEL looks like the better value (its fair-value estimate is 1% below its share price).
Key facts: CVX vs GEL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Genesis Energy, L.P. (GEL) has the higher forward dividend yield at 5.62%, versus 3.16% for Chevron Corporation (CVX).
- As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and GEL's C (59/100).
- By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and GEL for 2.
- As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and GEL pays out 345%.
- As of Oct 18, 2026, CVX's fair-value estimate is 51% below its share price and GEL's fair-value estimate is 1% below its share price, so GEL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs GEL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-gel
| Metric | CVX | GEL |
|---|---|---|
| Forward yield | 3.16% | 5.62% |
| Annual dividend | $7.12 | $0.80 |
| Payout ratio | 67% | 345% |
| Years of growth | 38 yr | 2 yr |
| 5-yr dividend growth | 5.8% | 1.9% |
| 5-yr total return | 99% | 41% |
| Dividend safety score | 95 (A) | 59 (C) |
| Fair value estimate | $111.37 | $14.12 |
| Upside to fair value | -51% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | $441.3B | $1.7B |
| P/E ratio | 21.7 | 71.2 |
Higher yield
GEL
5.62%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
GEL
-1% upside
CVX vs GEL — FAQ
Is CVX or GEL a better dividend stock?
On the data, CVX wins more head-to-head categories (6 vs 2). GEL offers the higher yield (5.62%), 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 GEL?
GEL has the higher forward dividend yield at 5.62%, versus 3.16% for CVX.
Is CVX or GEL safer?
CVX has the higher dividend-safety score (95/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or GEL better value right now?
As of Oct 18, 2026, GEL looks like the better value: its fair-value estimate is 1% below its share price (fairly valued). 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.