CVX vs PPLAF: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. PPLAF offers the higher yield at 6.54%, CVX has the higher dividend-safety score, and PPLAF looks like the better value (its fair-value estimate is 38% above its share price).
Key facts: CVX vs PPLAF
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Pembina Pipeline Corporation (PPLAF) has the higher forward dividend yield at 6.54%, versus 3.07% for Chevron Corporation (CVX).
- As of Oct 27, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and PPLAF's B (71/100).
- By SmarterDividends' count as of Oct 27, 2026, CVX has raised its dividend for 38 consecutive years and PPLAF for 2.
- As of Oct 27, 2026, CVX's fair-value estimate is 52% below its share price and PPLAF's fair-value estimate is 38% above its share price, so PPLAF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs PPLAF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cvx-vs-pplaf
| Metric | CVX | PPLAF |
|---|---|---|
| Forward yield | 3.07% | 6.54% |
| Annual dividend | $7.12 | $1.22 |
| Payout ratio | 67% | — |
| Years of growth | 38 yr | 2 yr |
| 5-yr dividend growth | 5.8% | — |
| 5-yr total return | 107% | — |
| Dividend safety score | 95 (A) | 71 (B) |
| Fair value estimate | $111.37 | $25.60 |
| Upside to fair value | -52% | +38% |
| Frequency | quarterly | quarterly |
| Market cap | $455.1B | — |
| P/E ratio | 22.3 | — |
Higher yield
PPLAF
6.54%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
PPLAF
+38% upside
CVX vs PPLAF — FAQ
Is CVX or PPLAF a better dividend stock?
On the data, CVX wins more head-to-head categories (3 vs 2). PPLAF offers the higher yield (6.54%), 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 PPLAF?
PPLAF has the higher forward dividend yield at 6.54%, versus 3.07% for CVX.
Is CVX or PPLAF safer?
CVX has the higher dividend-safety score (95/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or PPLAF better value right now?
As of Oct 27, 2026, PPLAF looks like the better value: its fair-value estimate is 38% above its share price (undervalued). For CVX, its fair-value estimate is 52% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.