CVX vs NAT: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NAT offers the higher yield at 13.65%, CVX has the higher dividend-safety score, and NAT looks like the better value (its fair-value estimate is 6% below its share price).
Key facts: CVX vs NAT
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Nordic American Tankers Limited (NAT) has the higher forward dividend yield at 13.65%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and NAT's D (38/100).
- By SmarterDividends' count as of Oct 27, 2026, CVX has raised its dividend for 38 consecutive years and NAT for 0.
- As of Oct 27, 2026, CVX pays out 67% of its earnings as dividends and NAT pays out 105%.
- As of Oct 27, 2026, CVX's fair-value estimate is 52% below its share price and NAT's fair-value estimate is 6% below its share price, so NAT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs NAT: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cvx-vs-nat
| Metric | CVX | NAT |
|---|---|---|
| Forward yield | 3.07% | 13.65% |
| Annual dividend | $7.12 | $1.08 |
| Payout ratio | 67% | 105% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | -10.4% |
| 5-yr total return | 107% | 297% |
| Dividend safety score | 95 (A) | 38 (D) |
| Fair value estimate | $111.37 | $7.44 |
| Upside to fair value | -52% | -6% |
| Frequency | quarterly | quarterly |
| Market cap | $455.1B | $1.7B |
| P/E ratio | 22.3 | 13.4 |
Higher yield
NAT
13.65%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
NAT
-6% upside
CVX vs NAT — FAQ
Is CVX or NAT a better dividend stock?
On the data, CVX wins more head-to-head categories (5 vs 3). NAT offers the higher yield (13.65%), 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 NAT?
NAT has the higher forward dividend yield at 13.65%, versus 3.07% for CVX.
Is CVX or NAT safer?
CVX has the higher dividend-safety score (95/100 vs 38/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or NAT better value right now?
As of Oct 27, 2026, NAT looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). For CVX, its fair-value estimate is 52% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.