SmarterDividends

DMLP vs XOM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DMLP offers the higher yield at 10.43%, XOM has the higher dividend-safety score, and DMLP looks like the better value (its fair-value estimate is 159% above its share price).

Key facts: DMLP vs XOM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Dorchester Minerals, L.P. (DMLP) has the higher forward dividend yield at 10.43%, versus 2.23% for ExxonMobil Holdings Corporation (XOM).
  • As of Oct 27, 2026, SmarterDividends grades DMLP's dividend safety D (44/100) and XOM's A (92/100).
  • By SmarterDividends' count as of Oct 27, 2026, DMLP has raised its dividend for 0 consecutive years and XOM for 24.
  • As of Oct 27, 2026, DMLP pays out 145% of its earnings as dividends and XOM pays out 53%.
  • As of Oct 27, 2026, DMLP's fair-value estimate is 159% above its share price and XOM's fair-value estimate is 55% below its share price, so DMLP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DMLP vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/dmlp-vs-xom

MetricDMLPXOM
Forward yield10.43%2.23%
Annual dividend$3.19$4.12
Payout ratio145%53%
Years of growth0 yr24 yr
5-yr dividend growth14.8%2.8%
5-yr total return72%206%
Dividend safety score44 (D)92 (A)
Fair value estimate$79.27$83.10
Upside to fair value+159%-55%
Frequencyquarterlyquarterly
Market cap$1.5B$758.8B
P/E ratio17.523.8

Higher yield

DMLP

10.43%

Safer dividend

XOM

Grade A

Faster growth

DMLP

14.8%

Better value

DMLP

+159% upside

DMLP vs XOM — FAQ

Is DMLP or XOM a better dividend stock?

On the data, XOM wins more head-to-head categories (5 vs 3). DMLP offers the higher yield (10.43%), while XOM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, DMLP or XOM?

DMLP has the higher forward dividend yield at 10.43%, versus 2.23% for XOM.

Is DMLP or XOM safer?

XOM has the higher dividend-safety score (92/100 vs 44/100), reflecting stronger payout coverage and dividend-growth history.

Is DMLP or XOM better value right now?

As of Oct 27, 2026, DMLP looks like the better value: its fair-value estimate is 159% above its share price (undervalued). For XOM, its fair-value estimate is 55% below its share price.

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