CVX vs PBT: Which Is the Better Dividend Stock?
As of September 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CVX offers the higher yield at 3.46%, CVX has the higher dividend-safety score, and PBT trades at the larger discount to fair value (-41%).
| Metric | CVX | PBT |
|---|---|---|
| Forward yield | 3.46% | 0.71% |
| Annual dividend | $7.12 | $0.24 |
| Payout ratio | 67% | 99% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | 10.3% |
| 5-yr total return | 83% | 338% |
| Dividend safety score | 95 (A) | 60 (C) |
| Fair value estimate | $116.68 | $20.88 |
| Upside to fair value | -44% | -41% |
| Frequency | quarterly | monthly |
| Market cap | $407.6B | $1.6B |
| P/E ratio | 20.1 | 96.6 |
Higher yield
CVX
3.46%
Safer dividend
CVX
Grade A
Faster growth
PBT
10.3%
Better value
PBT
-41% upside
CVX vs PBT — FAQ
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