DKL vs XOM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, DKL and XOM are closely matched. DKL offers the higher yield at 7.94%, XOM has the higher dividend-safety score, and DKL looks like the better value (its fair-value estimate is 83% above its share price).
Key facts: DKL vs XOM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Delek Logistics Partners, LP (DKL) has the higher forward dividend yield at 7.94%, versus 2.23% for ExxonMobil Holdings Corporation (XOM).
- As of Oct 27, 2026, SmarterDividends grades DKL's dividend safety B (79/100) and XOM's A (92/100).
- By SmarterDividends' count as of Oct 27, 2026, DKL has raised its dividend for 12 consecutive years and XOM for 24.
- As of Oct 27, 2026, DKL pays out 155% of its earnings as dividends and XOM pays out 53%.
- As of Oct 27, 2026, DKL's fair-value estimate is 83% above its share price and XOM's fair-value estimate is 55% below its share price, so DKL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DKL vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/dkl-vs-xom
| Metric | DKL | XOM |
|---|---|---|
| Forward yield | 7.94% | 2.23% |
| Annual dividend | $4.56 | $4.12 |
| Payout ratio | 155% | 53% |
| Years of growth | 12 yr | 24 yr |
| 5-yr dividend growth | 4.4% | 2.8% |
| 5-yr total return | 35% | 206% |
| Dividend safety score | 79 (B) | 92 (A) |
| Fair value estimate | $104.91 | $83.10 |
| Upside to fair value | +83% | -55% |
| Frequency | quarterly | quarterly |
| Market cap | $3.3B | $758.8B |
| P/E ratio | 19.9 | 23.8 |
Higher yield
DKL
7.94%
Safer dividend
XOM
Grade A
Faster growth
DKL
4.4%
Better value
DKL
+83% upside
DKL vs XOM — FAQ
Is DKL or XOM a better dividend stock?
DKL and XOM are closely matched. DKL has the higher yield; XOM scores better on safety.
Which has a higher dividend yield, DKL or XOM?
DKL has the higher forward dividend yield at 7.94%, versus 2.23% for XOM.
Is DKL or XOM safer?
XOM has the higher dividend-safety score (92/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.
Is DKL or XOM better value right now?
As of Oct 27, 2026, DKL looks like the better value: its fair-value estimate is 83% above its share price (undervalued). For XOM, its fair-value estimate is 55% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.