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
| Metric | CVX | MMLP |
|---|---|---|
| Forward yield | 3.16% | 0.98% |
| Annual dividend | $7.12 | $0.02 |
| Payout ratio | 67% | 18% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | -31.8% |
| 5-yr total return | 99% | -26% |
| Dividend safety score | 95 (A) | 67 (B) |
| Fair value estimate | $111.37 | — |
| Upside to fair value | -51% | — |
| Frequency | quarterly | quarterly |
| Market cap | $441.3B | $80.2M |
| P/E ratio | 21.7 | — |
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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


