SmarterDividends

CVX vs SD: Which Is the Better Dividend Stock?

As of Oct 18, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SD offers the higher yield at 3.64%, CVX has the higher dividend-safety score, and SD looks like the better value (its fair-value estimate is 146% above its share price).

Key facts: CVX vs SD

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, SandRidge Energy, Inc. (SD) has the higher forward dividend yield at 3.64%, versus 3.16% for Chevron Corporation (CVX).
  • As of Oct 18, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and SD's B (78/100).
  • By SmarterDividends' count as of Oct 18, 2026, CVX has raised its dividend for 38 consecutive years and SD for 2.
  • As of Oct 18, 2026, CVX pays out 67% of its earnings as dividends and SD pays out 22%.
  • As of Oct 18, 2026, CVX's fair-value estimate is 51% below its share price and SD's fair-value estimate is 146% above its share price, so SD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs SD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cvx-vs-sd

MetricCVXSD
Forward yield3.16%3.64%
Annual dividend$7.12$0.52
Payout ratio67%22%
Years of growth38 yr2 yr
5-yr dividend growth5.8%—
5-yr total return99%34%
Dividend safety score95 (A)78 (B)
Fair value estimate$111.37$35.15
Upside to fair value-51%+146%
Frequencyquarterlyquarterly
Market cap$441.3B$529.1M
P/E ratio21.76.4

Higher yield

SD

3.64%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

Better value

SD

+146% upside

CVX vs SD — FAQ

Is CVX or SD a better dividend stock?

On the data, CVX wins more head-to-head categories (4 vs 3). SD offers the higher yield (3.64%), 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 SD?

SD has the higher forward dividend yield at 3.64%, versus 3.16% for CVX.

Is CVX or SD safer?

CVX has the higher dividend-safety score (95/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or SD better value right now?

As of Oct 18, 2026, SD looks like the better value: its fair-value estimate is 146% above its share price (undervalued). For CVX, its fair-value estimate is 51% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.