SmarterDividends

CVX vs TRMLF: Which Is the Better Dividend Stock?

As of Nov 6, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TRMLF offers the higher yield at 3.38%, CVX has the higher dividend-safety score, and TRMLF looks like the better value (its fair-value estimate is 24% below its share price).

Key facts: CVX vs TRMLF

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Tourmaline Oil Corp. (TRMLF) has the higher forward dividend yield at 3.38%, versus 3.34% for Chevron Corporation (CVX).
  • As of Nov 6, 2026, SmarterDividends grades CVX's dividend safety A (96/100) and TRMLF's B (70/100).
  • By SmarterDividends' count as of Nov 6, 2026, CVX has raised its dividend for 38 consecutive years and TRMLF for 1.
  • As of Nov 6, 2026, CVX pays out 67% of its earnings as dividends and TRMLF pays out 96%.
  • As of Nov 6, 2026, CVX's fair-value estimate is 53% below its share price and TRMLF's fair-value estimate is 24% below its share price, so TRMLF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs TRMLF: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/cvx-vs-trmlf

MetricCVXTRMLF
Forward yield3.34%3.38%
Annual dividend$7.12$1.50
Payout ratio67%96%
Years of growth38 yr1 yr
5-yr dividend growth5.8%26.6%
5-yr total return109%47%
Dividend safety score96 (A)70 (B)
Fair value estimate$99.92$33.92
Upside to fair value-53%-24%
Frequencyquarterlyquarterly
Market cap$415.4B$17.3B
P/E ratio15.629.4

Higher yield

TRMLF

3.38%

Safer dividend

CVX

Grade A

Faster growth

TRMLF

26.6%

Better value

TRMLF

-24% upside

CVX vs TRMLF — FAQ

Is CVX or TRMLF a better dividend stock?

On the data, CVX wins more head-to-head categories (5 vs 3). TRMLF offers the higher yield (3.38%), 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 TRMLF?

TRMLF has the higher forward dividend yield at 3.38%, versus 3.34% for CVX.

Is CVX or TRMLF safer?

CVX has the higher dividend-safety score (96/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or TRMLF better value right now?

As of Nov 6, 2026, TRMLF looks like the better value: its fair-value estimate is 24% below its share price (overvalued). For CVX, its fair-value estimate is 53% below its share price.

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