CVX vs KNOP: 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. KNOP offers the higher yield at 4.04%, CVX has the higher dividend-safety score, and KNOP looks like the better value (its fair-value estimate is 106% above its share price).
Key facts: CVX vs KNOP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, KNOT Offshore Partners LP (KNOP) has the higher forward dividend yield at 4.04%, versus 3.16% for Chevron Corporation (CVX).
- As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and KNOP's C (58/100).
- By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and KNOP for 0.
- As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and KNOP pays out 93%.
- As of Oct 18, 2026, CVX's fair-value estimate is 51% below its share price and KNOP's fair-value estimate is 106% above its share price, so KNOP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs KNOP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-knop
| Metric | CVX | KNOP |
|---|---|---|
| Forward yield | 3.16% | 4.04% |
| Annual dividend | $7.12 | $0.40 |
| Payout ratio | 67% | 93% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | -45.1% |
| 5-yr total return | 99% | -37% |
| Dividend safety score | 95 (A) | 58 (C) |
| Fair value estimate | $111.37 | $20.43 |
| Upside to fair value | -51% | +106% |
| Frequency | quarterly | quarterly |
| Market cap | $441.3B | $342.1M |
| P/E ratio | 21.7 | 70.7 |
Higher yield
KNOP
4.04%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
KNOP
+106% upside
CVX vs KNOP — FAQ
Is CVX or KNOP a better dividend stock?
On the data, CVX wins more head-to-head categories (6 vs 2). KNOP offers the higher yield (4.04%), 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 KNOP?
KNOP has the higher forward dividend yield at 4.04%, versus 3.16% for CVX.
Is CVX or KNOP safer?
CVX has the higher dividend-safety score (95/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or KNOP better value right now?
As of Oct 18, 2026, KNOP looks like the better value: its fair-value estimate is 106% above its share price (undervalued). For CVX, its fair-value estimate is 51% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


