CVX vs WMB: Which Is the Better Dividend Stock?
As of September 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. CVX offers the higher yield at 3.33%, CVX has the higher dividend-safety score, and WMB trades at the larger discount to fair value (-14%).
| Metric | CVX | WMB |
|---|---|---|
| Forward yield | 3.33% | 2.79% |
| Annual dividend | $7.12 | $2.10 |
| Payout ratio | 67% | 82% |
| Years of growth | 38 yr | 8 yr |
| 5-yr dividend growth | 5.8% | 4.6% |
| 5-yr total return | 106% | 186% |
| Dividend safety score | 95 (A) | 70 (B) |
| Fair value estimate | $119.03 | $64.01 |
| Upside to fair value | -43% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $417.4B | $89.1B |
| P/E ratio | 20.6 | 30.0 |
Higher yield
CVX
3.33%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
WMB
-14% upside
CVX vs WMB — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.