SmarterDividends

CVX vs MGY: Which Is the Better Dividend Stock?

As of July 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. CVX offers the higher yield at 3.80%, CVX has the higher dividend-safety score, and MGY trades at the larger discount to fair value (+45%).

MetricCVXMGY
Forward yield3.80%2.31%
Annual dividend$7.12$0.63
Payout ratio120%36%
Years of growth38 yr4 yr
5-yr dividend growth5.8%
5-yr total return94%74%
Dividend safety score86 (A)76 (B)
Fair value estimate$154.80$39.60
Upside to fair value-17%+45%
Frequencyquarterlyquarterly
Market cap$377.8B$4.9B
P/E ratio32.715.8

Higher yield

CVX

3.80%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

Better value

MGY

+45% upside

CVX vs MGY — FAQ

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