SmarterDividends

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

MetricCVXKNOP
Forward yield3.16%4.04%
Annual dividend$7.12$0.40
Payout ratio67%93%
Years of growth38 yr0 yr
5-yr dividend growth5.8%-45.1%
5-yr total return99%-37%
Dividend safety score95 (A)58 (C)
Fair value estimate$111.37$20.43
Upside to fair value-51%+106%
Frequencyquarterlyquarterly
Market cap$441.3B$342.1M
P/E ratio21.770.7

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.

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