ENB vs XOM: Which Is the Better Dividend Stock?
As of Nov 2, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. ENB offers the higher yield at 5.66%, XOM has the higher dividend-safety score, and ENB looks like the better value (its fair-value estimate is 3% below its share price).
Key facts: ENB vs XOM
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Enbridge Inc. (ENB) has the higher forward dividend yield at 5.66%, versus 2.20% for ExxonMobil Holdings Corporation (XOM).
- As of Nov 2, 2026, SmarterDividends grades ENB's dividend safety C (59/100) and XOM's A (95/100).
- By SmarterDividends' count as of Nov 2, 2026, ENB has raised its dividend for 2 consecutive years and XOM for 24.
- As of Nov 2, 2026, ENB pays out 148% of its earnings as dividends and XOM pays out 53%.
- As of Nov 2, 2026, ENB's fair-value estimate is 3% below its share price and XOM's fair-value estimate is 55% below its share price, so ENB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ENB vs XOM: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/enb-vs-xom
| Metric | ENB | XOM |
|---|---|---|
| Forward yield | 5.66% | 2.20% |
| Annual dividend | $2.80 | $4.12 |
| Payout ratio | 148% | 53% |
| Years of growth | 2 yr | 24 yr |
| 5-yr dividend growth | 2.3% | 2.8% |
| 5-yr total return | 32% | 213% |
| Dividend safety score | 59 (C) | 95 (A) |
| Fair value estimate | $47.99 | $83.91 |
| Upside to fair value | -3% | -55% |
| Frequency | quarterly | quarterly |
| Market cap | $110.2B | $763.8B |
| P/E ratio | 26.4 | 19.3 |
Higher yield
ENB
5.66%
Safer dividend
XOM
Grade A
Faster growth
XOM
2.8%
Better value
ENB
-3% upside
ENB vs XOM — FAQ
Is ENB or XOM a better dividend stock?
On the data, XOM wins more head-to-head categories (6 vs 2). ENB offers the higher yield (5.66%), 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, ENB or XOM?
ENB has the higher forward dividend yield at 5.66%, versus 2.20% for XOM.
Is ENB or XOM safer?
XOM has the higher dividend-safety score (95/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is ENB or XOM better value right now?
As of Nov 2, 2026, ENB looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). 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.