SmarterDividends

CVX vs IMPPP: Which Is the Better Dividend Stock?

As of Oct 27, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. IMPPP offers the higher yield at 8.53%, CVX has the higher dividend-safety score, and IMPPP looks like the better value (its fair-value estimate is 2% below its share price).

Key facts: CVX vs IMPPP

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Imperial Petroleum Inc. (IMPPP) has the higher forward dividend yield at 8.53%, versus 3.07% for Chevron Corporation (CVX).
  • As of Oct 27, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and IMPPP's A (80/100).
  • By SmarterDividends' count as of Oct 27, 2026, CVX has raised its dividend for 38 consecutive years and IMPPP for 0.
  • As of Oct 27, 2026, CVX's fair-value estimate is 52% below its share price and IMPPP's fair-value estimate is 2% below its share price, so IMPPP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs IMPPP: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cvx-vs-imppp

MetricCVXIMPPP
Forward yield3.07%8.53%
Annual dividend$7.12$2.19
Payout ratio67%—
Years of growth38 yr0 yr
5-yr dividend growth5.8%—
5-yr total return107%46%
Dividend safety score95 (A)80 (A)
Fair value estimate$111.37$25.25
Upside to fair value-52%-2%
Frequencyquarterlyquarterly
Market cap$455.1B—
P/E ratio22.3—

Higher yield

IMPPP

8.53%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

Better value

IMPPP

-2% upside

CVX vs IMPPP — FAQ

Is CVX or IMPPP a better dividend stock?

On the data, CVX wins more head-to-head categories (4 vs 2). IMPPP offers the higher yield (8.53%), 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 IMPPP?

IMPPP has the higher forward dividend yield at 8.53%, versus 3.07% for CVX.

Is CVX or IMPPP safer?

CVX has the higher dividend-safety score (95/100 vs 80/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or IMPPP better value right now?

As of Oct 27, 2026, IMPPP looks like the better value: its fair-value estimate is 2% below its share price (fairly valued). For CVX, its fair-value estimate is 52% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.