CVX vs PBR-A: Which Is the Better Dividend Stock?
As of Oct 27, 2026, PBR-A (Petróleo Brasileiro S.A. - Petrobras) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PBR-A offers the higher yield at 7.19%, CVX has the higher dividend-safety score, and PBR-A looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: CVX vs PBR-A
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Petróleo Brasileiro S.A. - Petrobras (PBR-A) has the higher forward dividend yield at 7.19%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and PBR-A's C (60/100).
- By SmarterDividends' count as of Oct 27, 2026, CVX has raised its dividend for 38 consecutive years and PBR-A for 0.
- As of Oct 27, 2026, CVX pays out 67% of its earnings as dividends and PBR-A pays out 29%.
- As of Oct 27, 2026, CVX's fair-value estimate is 52% below its share price and PBR-A's fair-value estimate is 22% above its share price, so PBR-A looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs PBR-A: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cvx-vs-pbr-a
| Metric | CVX | PBR-A |
|---|---|---|
| Forward yield | 3.07% | 7.19% |
| Annual dividend | $7.12 | $1.43 |
| Payout ratio | 67% | 29% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 107% | 127% |
| Dividend safety score | 95 (A) | 60 (C) |
| Fair value estimate | $111.37 | $24.20 |
| Upside to fair value | -52% | +22% |
| Frequency | quarterly | quarterly |
| Market cap | $455.1B | $136.2B |
| P/E ratio | 22.3 | 5.0 |
Higher yield
PBR-A
7.19%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
PBR-A
+22% upside
CVX vs PBR-A — FAQ
Is CVX or PBR-A a better dividend stock?
On the data, PBR-A wins more head-to-head categories (4 vs 3). PBR-A offers the higher yield (7.19%), 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 PBR-A?
PBR-A has the higher forward dividend yield at 7.19%, versus 3.07% for CVX.
Is CVX or PBR-A safer?
CVX has the higher dividend-safety score (95/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or PBR-A better value right now?
As of Oct 27, 2026, PBR-A looks like the better value: its fair-value estimate is 22% 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.