SmarterDividends

MMLP vs XOM: Which Is the Better Dividend Stock?

As of Oct 18, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. XOM offers the higher yield at 2.30%, XOM has the higher dividend-safety score.

Key facts: MMLP vs XOM

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, ExxonMobil Holdings Corporation (XOM) has the higher forward dividend yield at 2.30%, versus 0.98% for Martin Midstream Partners L.P. (MMLP).
  • As of Oct 18, 2026, SmarterDividends grades MMLP's dividend safety B (67/100) and XOM's A (92/100).
  • By SmarterDividends' count as of Oct 18, 2026, MMLP has raised its dividend for 0 consecutive years and XOM for 24.
  • As of Oct 18, 2026, MMLP pays out 18% of its earnings as dividends and XOM pays out 53%.
Cite this page

SmarterDividends, "MMLP vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/mmlp-vs-xom

MetricMMLPXOM
Forward yield0.98%2.30%
Annual dividend$0.02$4.12
Payout ratio18%53%
Years of growth0 yr24 yr
5-yr dividend growth-31.8%2.8%
5-yr total return-26%199%
Dividend safety score67 (B)92 (A)
Fair value estimate—$83.10
Upside to fair value—-54%
Frequencyquarterlyquarterly
Market cap$80.2M$736.0B
P/E ratio—23.0

Higher yield

XOM

2.30%

Safer dividend

XOM

Grade A

Faster growth

XOM

2.8%

MMLP vs XOM — FAQ

Is MMLP or XOM a better dividend stock?

On the data, XOM wins more head-to-head categories (6 vs 1). XOM offers the higher yield (2.30%), 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, MMLP or XOM?

XOM has the higher forward dividend yield at 2.30%, versus 0.98% for MMLP.

Is MMLP or XOM safer?

XOM has the higher dividend-safety score (92/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.

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