NOA vs XOM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NOA and XOM are closely matched. NOA offers the higher yield at 2.91%, XOM has the higher dividend-safety score, and NOA looks like the better value (its fair-value estimate is 1% above its share price).
Key facts: NOA vs XOM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, North American Construction Group Ltd. (NOA) has the higher forward dividend yield at 2.91%, versus 2.30% for ExxonMobil Holdings Corporation (XOM).
- As of Oct 18, 2026, SmarterDividends grades NOA's dividend safety C (51/100) and XOM's A (92/100).
- By SmarterDividends' count as of Oct 18, 2026, NOA has raised its dividend for 7 consecutive years and XOM for 24.
- As of Oct 18, 2026, NOA pays out 43% of its earnings as dividends and XOM pays out 53%.
- As of Oct 18, 2026, NOA's fair-value estimate is 1% above its share price and XOM's fair-value estimate is 54% below its share price, so NOA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NOA vs XOM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/noa-vs-xom
| Metric | NOA | XOM |
|---|---|---|
| Forward yield | 2.91% | 2.30% |
| Annual dividend | $0.34 | $4.12 |
| Payout ratio | 43% | 53% |
| Years of growth | 7 yr | 24 yr |
| 5-yr dividend growth | 23.3% | 2.8% |
| 5-yr total return | -19% | 199% |
| Dividend safety score | 51 (C) | 92 (A) |
| Fair value estimate | $11.73 | $83.10 |
| Upside to fair value | +1% | -54% |
| Frequency | quarterly | quarterly |
| Market cap | $311.9M | $736.0B |
| P/E ratio | 14.3 | 23.0 |
Higher yield
NOA
2.91%
Safer dividend
XOM
Grade A
Faster growth
NOA
23.3%
Better value
NOA
+1% upside
NOA vs XOM — FAQ
Is NOA or XOM a better dividend stock?
NOA and XOM are closely matched. NOA has the higher yield; XOM scores better on safety.
Which has a higher dividend yield, NOA or XOM?
NOA has the higher forward dividend yield at 2.91%, versus 2.30% for XOM.
Is NOA or XOM safer?
XOM has the higher dividend-safety score (92/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is NOA or XOM better value right now?
As of Oct 18, 2026, NOA looks like the better value: its fair-value estimate is 1% above its share price (fairly valued). For XOM, its fair-value estimate is 54% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


