CVX vs LPG: Which Is the Better Dividend Stock?
As of Nov 8, 2026, LPG (Dorian LPG Ltd.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. LPG offers the higher yield at 7.20%, CVX has the higher dividend-safety score, and LPG looks like the better value (its fair-value estimate is 53% above its share price).
Key facts: CVX vs LPG
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Dorian LPG Ltd. (LPG) has the higher forward dividend yield at 7.20%, versus 3.35% for Chevron Corporation (CVX).
- As of Nov 8, 2026, SmarterDividends grades CVX's dividend safety A (98/100) and LPG's C (58/100).
- By SmarterDividends' count as of Nov 8, 2026, CVX has raised its dividend for 38 consecutive years and LPG for 0.
- As of Nov 8, 2026, CVX pays out 52% of its earnings as dividends and LPG pays out 30%.
- As of Nov 8, 2026, CVX's fair-value estimate is 44% below its share price and LPG's fair-value estimate is 53% above its share price, so LPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs LPG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/cvx-vs-lpg
| Metric | CVX | LPG |
|---|---|---|
| Forward yield | 3.35% | 7.20% |
| Annual dividend | $7.12 | $3.35 |
| Payout ratio | 52% | 30% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 88% | 278% |
| Dividend safety score | 98 (A) | 58 (C) |
| Fair value estimate | $119.76 | $71.08 |
| Upside to fair value | -44% | +53% |
| Frequency | quarterly | quarterly |
| Market cap | $414.9B | $2.0B |
| P/E ratio | 15.6 | 4.1 |
Higher yield
LPG
7.20%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
LPG
+53% upside
CVX vs LPG — FAQ
Is CVX or LPG a better dividend stock?
On the data, LPG wins more head-to-head categories (4 vs 3). LPG offers the higher yield (7.20%), 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 LPG?
LPG has the higher forward dividend yield at 7.20%, versus 3.35% for CVX.
Is CVX or LPG safer?
CVX has the higher dividend-safety score (98/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or LPG better value right now?
As of Nov 8, 2026, LPG looks like the better value: its fair-value estimate is 53% above its share price (undervalued). For CVX, its fair-value estimate is 44% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.