CVX vs NC: Which Is the Better Dividend Stock?
As of Oct 30, 2026, CVX and NC are closely matched. CVX offers the higher yield at 3.11%, NC has the higher dividend-safety score, and NC looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: CVX vs NC
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Chevron Corporation (CVX) has the higher forward dividend yield at 3.11%, versus 3.00% for NACCO Industries, Inc. (NC).
- As of Oct 30, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and NC's A (96/100).
- By SmarterDividends' count as of Oct 30, 2026, CVX has raised its dividend for 38 consecutive years and NC for 40.
- As of Oct 30, 2026, CVX pays out 67% of its earnings as dividends and NC pays out 44%.
- As of Oct 30, 2026, CVX's fair-value estimate is 52% below its share price and NC's fair-value estimate is 24% above its share price, so NC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs NC: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/cvx-vs-nc
| Metric | CVX | NC |
|---|---|---|
| Forward yield | 3.11% | 3.00% |
| Annual dividend | $7.12 | $1.05 |
| Payout ratio | 67% | 44% |
| Years of growth | 38 yr | 40 yr |
| 5-yr dividend growth | 5.8% | 5.1% |
| 5-yr total return | 107% | 17% |
| Dividend safety score | 95 (A) | 96 (A) |
| Fair value estimate | $111.37 | $44.23 |
| Upside to fair value | -52% | +24% |
| Frequency | quarterly | quarterly |
| Market cap | $454.0B | $269.6M |
| P/E ratio | 22.3 | 15.5 |
Higher yield
CVX
3.11%
Safer dividend
NC
Grade A
Faster growth
CVX
5.8%
Better value
NC
+24% upside
CVX vs NC — FAQ
Is CVX or NC a better dividend stock?
CVX and NC are closely matched. CVX has the higher yield; NC scores better on safety.
Which has a higher dividend yield, CVX or NC?
CVX has the higher forward dividend yield at 3.11%, versus 3.00% for NC.
Is CVX or NC safer?
NC has the higher dividend-safety score (96/100 vs 95/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or NC better value right now?
As of Oct 30, 2026, NC looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For CVX, its fair-value estimate is 52% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.