CVX vs PBR: Which Is the Better Dividend Stock?
As of August 2026, CVX and PBR are closely matched. PBR offers the higher yield at 9.52%, CVX has the higher dividend-safety score, and PBR trades at the larger discount to fair value (+48%).
| Metric | CVX | PBR |
|---|---|---|
| Forward yield | 3.65% | 9.52% |
| Annual dividend | $7.12 | $1.76 |
| Payout ratio | 67% | 42% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | 26.1% |
| 5-yr total return | 93% | 66% |
| Dividend safety score | 95 (A) | 60 (C) |
| Fair value estimate | $135.14 | $26.55 |
| Upside to fair value | -28% | +48% |
| Frequency | quarterly | quarterly |
| Market cap | $385.8B | $115.5B |
| P/E ratio | 18.8 | 4.6 |
Higher yield
PBR
9.52%
Safer dividend
CVX
Grade A
Faster growth
PBR
26.1%
Better value
PBR
+48% upside
CVX vs PBR — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.