CVX vs MUR: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CVX and MUR are closely matched. MUR offers the higher yield at 3.35%, CVX has the higher dividend-safety score, and MUR looks like the better value (its fair-value estimate is 13% below its share price).
Key facts: CVX vs MUR
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Murphy Oil Corporation (MUR) has the higher forward dividend yield at 3.35%, versus 3.16% for Chevron Corporation (CVX).
- As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and MUR's B (71/100).
- By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and MUR for 4.
- As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and MUR pays out 67%.
- As of Oct 18, 2026, CVX's fair-value estimate is 51% below its share price and MUR's fair-value estimate is 13% below its share price, so MUR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs MUR: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-mur
| Metric | CVX | MUR |
|---|---|---|
| Forward yield | 3.16% | 3.35% |
| Annual dividend | $7.12 | $1.40 |
| Payout ratio | 67% | 67% |
| Years of growth | 38 yr | 4 yr |
| 5-yr dividend growth | 5.8% | 21.1% |
| 5-yr total return | 99% | 57% |
| Dividend safety score | 95 (A) | 71 (B) |
| Fair value estimate | $111.37 | $36.51 |
| Upside to fair value | -51% | -13% |
| Frequency | quarterly | quarterly |
| Market cap | $441.3B | $6.0B |
| P/E ratio | 21.7 | 20.7 |
Higher yield
MUR
3.35%
Safer dividend
CVX
Grade A
Faster growth
MUR
21.1%
Better value
MUR
-13% upside
CVX vs MUR — FAQ
Is CVX or MUR a better dividend stock?
CVX and MUR are closely matched. MUR has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, CVX or MUR?
MUR has the higher forward dividend yield at 3.35%, versus 3.16% for CVX.
Is CVX or MUR safer?
CVX has the higher dividend-safety score (95/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or MUR better value right now?
As of Oct 18, 2026, MUR looks like the better value: its fair-value estimate is 13% below its share price (fairly valued). For CVX, its fair-value estimate is 51% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.