CVX vs OKE: Which Is the Better Dividend Stock?
As of July 2026, CVX and OKE are closely matched. OKE offers the higher yield at 4.58%, OKE has the higher dividend-safety score, and OKE trades at the larger discount to fair value (+6%).
| Metric | CVX | OKE |
|---|---|---|
| Forward yield | 3.80% | 4.58% |
| Annual dividend | $7.12 | $4.28 |
| Payout ratio | 120% | 74% |
| Years of growth | 38 yr | 3 yr |
| 5-yr dividend growth | 5.8% | 2.0% |
| 5-yr total return | 94% | 78% |
| Dividend safety score | 86 (A) | 89 (A) |
| Fair value estimate | $154.80 | $99.40 |
| Upside to fair value | -17% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | $377.8B | $58.9B |
| P/E ratio | 32.7 | 16.7 |
Higher yield
OKE
4.58%
Safer dividend
OKE
Grade A
Faster growth
CVX
5.8%
Better value
OKE
+6% upside
CVX vs OKE — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.