CVX vs VNOM: Which Is the Better Dividend Stock?
As of Oct 24, 2026, CVX and VNOM are closely matched. VNOM offers the higher yield at 5.22%, CVX has the higher dividend-safety score, and VNOM looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: CVX vs VNOM
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Viper Energy, Inc. (VNOM) has the higher forward dividend yield at 5.22%, versus 3.05% for Chevron Corporation (CVX).
- As of Oct 24, 2026, SmarterDividends grades CVX's dividend safety A (95/100) and VNOM's C (51/100).
- By SmarterDividends' count as of Oct 24, 2026, CVX has raised its dividend for 38 consecutive years and VNOM for 0.
- As of Oct 24, 2026, CVX's fair-value estimate is 52% below its share price and VNOM's fair-value estimate is 16% below its share price, so VNOM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVX vs VNOM: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/cvx-vs-vnom
| Metric | CVX | VNOM |
|---|---|---|
| Forward yield | 3.05% | 5.22% |
| Annual dividend | $7.12 | $2.45 |
| Payout ratio | 67% | 11550% |
| Years of growth | 38 yr | 0 yr |
| 5-yr dividend growth | 5.8% | 50.0% |
| 5-yr total return | 107% | 118% |
| Dividend safety score | 95 (A) | 51 (C) |
| Fair value estimate | $111.37 | $39.44 |
| Upside to fair value | -52% | -16% |
| Frequency | quarterly | quarterly |
| Market cap | $457.5B | $16.9B |
| P/E ratio | 22.4 | 2347.0 |
Higher yield
VNOM
5.22%
Safer dividend
CVX
Grade A
Faster growth
VNOM
50.0%
Better value
VNOM
-16% upside
CVX vs VNOM — FAQ
Is CVX or VNOM a better dividend stock?
CVX and VNOM are closely matched. VNOM has the higher yield; CVX scores better on safety.
Which has a higher dividend yield, CVX or VNOM?
VNOM has the higher forward dividend yield at 5.22%, versus 3.05% for CVX.
Is CVX or VNOM safer?
CVX has the higher dividend-safety score (95/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is CVX or VNOM better value right now?
As of Oct 24, 2026, VNOM looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For CVX, its fair-value estimate is 52% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.