CVX vs TS: Which Is the Better Dividend Stock?
As of Nov 6, 2026, CVX and TS are closely matched. CVX offers the higher yield at 3.34%, CVX has the higher dividend-safety score, and TS looks like the better value (its fair-value estimate is 39% above its share price).
Key facts: CVX vs TS
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Chevron Corporation (CVX) has the higher forward dividend yield at 3.34%, versus 3.18% for Tenaris S.A. (TS).
- As of Nov 6, 2026, SmarterDividends grades CVX's dividend safety A (96/100) and TS's C (52/100).
- By SmarterDividends' count as of Nov 6, 2026, CVX has raised its dividend for 38 consecutive years and TS for 5.
- As of Nov 6, 2026, CVX pays out 67% of its earnings as dividends and TS pays out 48%.
- As of Nov 6, 2026, CVX's fair-value estimate is 53% below its share price and TS's fair-value estimate is 39% above its share price, so TS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs TS: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/cvx-vs-ts
| Metric | CVX | TS |
|---|---|---|
| Forward yield | 3.34% | 3.18% |
| Annual dividend | $7.12 | $1.78 |
| Payout ratio | 67% | 48% |
| Years of growth | 38 yr | 5 yr |
| 5-yr dividend growth | 5.8% | 51.6% |
| 5-yr total return | 109% | 206% |
| Dividend safety score | 96 (A) | 52 (C) |
| Fair value estimate | $99.92 | $78.55 |
| Upside to fair value | -53% | +39% |
| Frequency | quarterly | semiannual |
| Market cap | $415.4B | $28.5B |
| P/E ratio | 15.6 | 14.5 |
Higher yield
CVX
3.34%
Safer dividend
CVX
Grade A
Faster growth
TS
51.6%
Better value
TS
+39% upside
CVX vs TS — FAQ
Is CVX or TS a better dividend stock?
CVX and TS are closely matched. CVX has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, CVX or TS?
CVX has the higher forward dividend yield at 3.34%, versus 3.18% for TS.
Is CVX or TS safer?
CVX has the higher dividend-safety score (96/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or TS better value right now?
As of Nov 6, 2026, TS looks like the better value: its fair-value estimate is 39% 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.