CVX vs TNRSF: Which Is the Better Dividend Stock?
As of Nov 6, 2026, CVX and TNRSF are closely matched. CVX offers the higher yield at 3.34%, CVX has the higher dividend-safety score, and TNRSF looks like the better value (its fair-value estimate is 37% above its share price).
Key facts: CVX vs TNRSF
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Chevron Corporation (CVX) has the higher forward dividend yield at 3.34%, versus 3.05% for Tenaris S.A. (TNRSF).
- As of Nov 6, 2026, SmarterDividends grades CVX's dividend safety A (96/100) and TNRSF's C (54/100).
- By SmarterDividends' count as of Nov 6, 2026, CVX has raised its dividend for 38 consecutive years and TNRSF for 5.
- As of Nov 6, 2026, CVX pays out 67% of its earnings as dividends and TNRSF pays out 48%.
- As of Nov 6, 2026, CVX's fair-value estimate is 53% below its share price and TNRSF's fair-value estimate is 37% above its share price, so TNRSF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs TNRSF: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/cvx-vs-tnrsf
| Metric | CVX | TNRSF |
|---|---|---|
| Forward yield | 3.34% | 3.05% |
| Annual dividend | $7.12 | $0.89 |
| Payout ratio | 67% | 48% |
| Years of growth | 38 yr | 5 yr |
| 5-yr dividend growth | 5.8% | 43.4% |
| 5-yr total return | 109% | 212% |
| Dividend safety score | 96 (A) | 54 (C) |
| Fair value estimate | $99.92 | $38.55 |
| Upside to fair value | -53% | +37% |
| Frequency | quarterly | semiannual |
| Market cap | $415.4B | $28.3B |
| P/E ratio | 15.6 | 14.9 |
Higher yield
CVX
3.34%
Safer dividend
CVX
Grade A
Faster growth
TNRSF
43.4%
Better value
TNRSF
+37% upside
CVX vs TNRSF — FAQ
Is CVX or TNRSF a better dividend stock?
CVX and TNRSF are closely matched. CVX has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, CVX or TNRSF?
CVX has the higher forward dividend yield at 3.34%, versus 3.05% for TNRSF.
Is CVX or TNRSF safer?
CVX has the higher dividend-safety score (96/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or TNRSF better value right now?
As of Nov 6, 2026, TNRSF looks like the better value: its fair-value estimate is 37% above its share price (undervalued). For CVX, its fair-value estimate is 53% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.