SmarterDividends

CVX vs TRMD: Which Is the Better Dividend Stock?

As of Oct 25, 2026, CVX and TRMD are closely matched. TRMD offers the higher yield at 11.08%, CVX has the higher dividend-safety score, and TRMD looks like the better value (its fair-value estimate is 1% above its share price).

Key facts: CVX vs TRMD

Data as of · Source: SmarterDividends data

  • As of Oct 25, 2026, TORM plc (TRMD) has the higher forward dividend yield at 11.08%, versus 3.05% for Chevron Corporation (CVX).
  • As of Oct 25, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and TRMD's C (58/100).
  • By SmarterDividends' count as of Oct 25, 2026, CVX has raised its dividend for 38 consecutive years and TRMD for 0.
  • As of Oct 25, 2026, CVX pays out 67% of its earnings as dividends and TRMD pays out 40%.
  • As of Oct 25, 2026, CVX's fair-value estimate is 52% below its share price and TRMD's fair-value estimate is 1% above its share price, so TRMD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs TRMD: Dividend Yield, Safety & Value Compared," updated Oct 25, 2026, https://smarterdividends.com/compare/cvx-vs-trmd

MetricCVXTRMD
Forward yield3.05%11.08%
Annual dividend$7.12$4.42
Payout ratio67%40%
Years of growth38 yr0 yr
5-yr dividend growth5.8%1.2%
5-yr total return107%435%
Dividend safety score95 (A)58 (C)
Fair value estimate$111.37$40.11
Upside to fair value-52%+1%
Frequencyquarterlyquarterly
Market cap$457.5B$4.1B
P/E ratio22.46.6

Higher yield

TRMD

11.08%

Safer dividend

CVX

Grade A

Faster growth

CVX

5.8%

Better value

TRMD

+1% upside

CVX vs TRMD — FAQ

Is CVX or TRMD a better dividend stock?

CVX and TRMD are closely matched. TRMD has the higher yield; CVX scores better on safety.

Which has a higher dividend yield, CVX or TRMD?

TRMD has the higher forward dividend yield at 11.08%, versus 3.05% for CVX.

Is CVX or TRMD safer?

CVX has the higher dividend-safety score (95/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or TRMD better value right now?

As of Oct 25, 2026, TRMD looks like the better value: its fair-value estimate is 1% above its share price (fairly valued). For CVX, its fair-value estimate is 52% below its share price.

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