SmarterDividends

CVX vs TS: Which Is the Better Dividend Stock?

As of September 2026, TS (Tenaris S.A.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TS offers the higher yield at 4.23%, CVX has the higher dividend-safety score, and TS trades at the larger discount to fair value (+70%).

MetricCVXTS
Forward yield3.40%4.23%
Annual dividend$7.12$2.38
Payout ratio67%48%
Years of growth38 yr5 yr
5-yr dividend growth5.8%51.6%
5-yr total return83%152%
Dividend safety score95 (A)49 (D)
Fair value estimate$116.68$95.58
Upside to fair value-44%+70%
Frequencyquarterlysemiannual
Market cap$411.0B$28.4B
P/E ratio20.215.0

Higher yield

TS

4.23%

Safer dividend

CVX

Grade A

Faster growth

TS

51.6%

Better value

TS

+70% upside

CVX vs TS — FAQ

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