SmarterDividends

IMO vs XOM: Which Is the Better Dividend Stock?

As of Nov 6, 2026, IMO and XOM are closely matched. XOM offers the higher yield at 2.59%, XOM has the higher dividend-safety score, and IMO looks like the better value (its fair-value estimate is 29% below its share price).

Key facts: IMO vs XOM

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, ExxonMobil Holdings Corporation (XOM) has the higher forward dividend yield at 2.59%, versus 1.98% for Imperial Oil Limited (IMO).
  • As of Nov 6, 2026, SmarterDividends grades IMO's dividend safety A (83/100) and XOM's A (95/100).
  • By SmarterDividends' count as of Nov 6, 2026, IMO has raised its dividend for 10 consecutive years and XOM for 24.
  • As of Nov 6, 2026, IMO pays out 26% of its earnings as dividends and XOM pays out 42%.
  • As of Nov 6, 2026, IMO's fair-value estimate is 29% below its share price and XOM's fair-value estimate is 49% below its share price, so IMO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "IMO vs XOM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/imo-vs-xom

MetricIMOXOM
Forward yield1.98%2.59%
Annual dividend$2.49$4.28
Payout ratio26%42%
Years of growth10 yr24 yr
5-yr dividend growth25.5%2.8%
5-yr total return317%213%
Dividend safety score83 (A)95 (A)
Fair value estimate$89.18$83.91
Upside to fair value-29%-49%
Frequencyquarterlyquarterly
Market cap$59.3B$674.3B
P/E ratio13.917.0

Higher yield

XOM

2.59%

Safer dividend

XOM

Grade A

Faster growth

IMO

25.5%

Better value

IMO

-29% upside

IMO vs XOM — FAQ

Is IMO or XOM a better dividend stock?

IMO and XOM are closely matched. XOM has the higher yield; XOM scores better on safety.

Which has a higher dividend yield, IMO or XOM?

XOM has the higher forward dividend yield at 2.59%, versus 1.98% for IMO.

Is IMO or XOM safer?

XOM has the higher dividend-safety score (95/100 vs 83/100), reflecting stronger payout coverage and dividend-growth history.

Is IMO or XOM better value right now?

As of Nov 6, 2026, IMO looks like the better value: its fair-value estimate is 29% below its share price (overvalued). For XOM, its fair-value estimate is 49% below its share price.

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