SmarterDividends

CVX vs MMLP: Which Is the Better Dividend Stock?

As of Oct 18, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. CVX offers the higher yield at 3.16%, CVX has the higher dividend-safety score.

Key facts: CVX vs MMLP

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Chevron Corporation (CVX) has the higher forward dividend yield at 3.16%, versus 0.98% for Martin Midstream Partners L.P. (MMLP).
  • As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and MMLP's B (67/100).
  • By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and MMLP for 0.
  • As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and MMLP pays out 18%.
Cite this page

SmarterDividends, "CVX vs MMLP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-mmlp

MetricCVXMMLP
Forward yield3.16%0.98%
Annual dividend$7.12$0.02
Payout ratio67%18%
Years of growth38 yr0 yr
5-yr dividend growth5.8%-31.8%
5-yr total return99%-26%
Dividend safety score95 (A)67 (B)
Fair value estimate$111.37—
Upside to fair value-51%—
Frequencyquarterlyquarterly
Market cap$441.3B$80.2M
P/E ratio21.7—

Higher yield

CVX

3.16%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

CVX vs MMLP — FAQ

Is CVX or MMLP a better dividend stock?

On the data, CVX wins more head-to-head categories (6 vs 1). CVX offers the higher yield (3.16%), 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 MMLP?

CVX has the higher forward dividend yield at 3.16%, versus 0.98% for MMLP.

Is CVX or MMLP safer?

CVX has the higher dividend-safety score (95/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.

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