EQNR vs XOM: Which Is the Better Dividend Stock?
As of Oct 29, 2026, EQNR and XOM are closely matched. EQNR offers the higher yield at 3.31%, XOM has the higher dividend-safety score, and EQNR looks like the better value (its fair-value estimate is 27% below its share price).
Key facts: EQNR vs XOM
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Equinor ASA (EQNR) has the higher forward dividend yield at 3.31%, versus 2.29% for ExxonMobil Holdings Corporation (XOM).
- As of Oct 29, 2026, SmarterDividends grades EQNR's dividend safety C (58/100) and XOM's A (92/100).
- By SmarterDividends' count as of Oct 29, 2026, EQNR has raised its dividend for 0 consecutive years and XOM for 24.
- As of Oct 29, 2026, EQNR pays out 41% of its earnings as dividends and XOM pays out 53%.
- As of Oct 29, 2026, EQNR's fair-value estimate is 27% below its share price and XOM's fair-value estimate is 54% below its share price, so EQNR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EQNR vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/eqnr-vs-xom
| Metric | EQNR | XOM |
|---|---|---|
| Forward yield | 3.31% | 2.29% |
| Annual dividend | $1.56 | $4.12 |
| Payout ratio | 41% | 53% |
| Years of growth | 0 yr | 24 yr |
| 5-yr dividend growth | 15.5% | 2.8% |
| 5-yr total return | 95% | 206% |
| Dividend safety score | 58 (C) | 92 (A) |
| Fair value estimate | $34.85 | $83.10 |
| Upside to fair value | -27% | -54% |
| Frequency | quarterly | quarterly |
| Market cap | $112.8B | $748.5B |
| P/E ratio | 9.9 | 23.2 |
Higher yield
EQNR
3.31%
Safer dividend
XOM
Grade A
Faster growth
EQNR
15.5%
Better value
EQNR
-27% upside
EQNR vs XOM — FAQ
Is EQNR or XOM a better dividend stock?
EQNR and XOM are closely matched. EQNR has the higher yield; XOM scores better on safety.
Which has a higher dividend yield, EQNR or XOM?
EQNR has the higher forward dividend yield at 3.31%, versus 2.29% for XOM.
Is EQNR or XOM safer?
XOM has the higher dividend-safety score (92/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is EQNR or XOM better value right now?
As of Oct 29, 2026, EQNR looks like the better value: its fair-value estimate is 27% below its share price (overvalued). For XOM, its fair-value estimate is 54% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.