SmarterDividends

DMLP vs XOM: Which Is the Better Dividend Stock?

As of September 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 10.79%, XOM has the higher dividend-safety score, and DMLP trades at the larger discount to fair value (+111%).

MetricDMLPXOM
Forward yield10.79%2.49%
Annual dividend$3.19$4.12
Payout ratio145%53%
Years of growth0 yr24 yr
5-yr dividend growth14.8%2.8%
5-yr total return54%182%
Dividend safety score44 (D)92 (A)
Fair value estimate$61.76$89.06
Upside to fair value+111%-44%
Frequencyquarterlyquarterly
Market cap$1.5B$682.5B
P/E ratio16.921.3

Higher yield

DMLP

10.79%

Safer dividend

XOM

Grade A

Faster growth

DMLP

14.8%

Better value

DMLP

+111% upside

DMLP vs XOM — FAQ

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