OKE vs XOM: Which Is the Better Dividend Stock?
As of Nov 6, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. OKE offers the higher yield at 4.96%, XOM has the higher dividend-safety score, and OKE looks like the better value (its fair-value estimate is 29% above its share price).
Key facts: OKE vs XOM
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, ONEOK, Inc. (OKE) has the higher forward dividend yield at 4.96%, versus 2.59% for ExxonMobil Holdings Corporation (XOM).
- As of Nov 6, 2026, SmarterDividends grades OKE's dividend safety A (93/100) and XOM's A (95/100).
- By SmarterDividends' count as of Nov 6, 2026, OKE has raised its dividend for 3 consecutive years and XOM for 24.
- As of Nov 6, 2026, OKE pays out 66% of its earnings as dividends and XOM pays out 42%.
- As of Nov 6, 2026, OKE's fair-value estimate is 29% above its share price and XOM's fair-value estimate is 49% below its share price, so OKE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "OKE vs XOM: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/oke-vs-xom
| Metric | OKE | XOM |
|---|---|---|
| Forward yield | 4.96% | 2.59% |
| Annual dividend | $4.28 | $4.28 |
| Payout ratio | 66% | 42% |
| Years of growth | 3 yr | 24 yr |
| 5-yr dividend growth | 2.0% | 2.8% |
| 5-yr total return | 62% | 213% |
| Dividend safety score | 93 (A) | 95 (A) |
| Fair value estimate | $111.07 | $83.91 |
| Upside to fair value | +29% | -49% |
| Frequency | quarterly | quarterly |
| Market cap | $54.4B | $674.3B |
| P/E ratio | 13.4 | 17.0 |
Higher yield
OKE
4.96%
Safer dividend
XOM
Grade A
Faster growth
XOM
2.8%
Better value
OKE
+29% upside
OKE vs XOM — FAQ
Is OKE or XOM a better dividend stock?
On the data, XOM wins more head-to-head categories (5 vs 2). OKE offers the higher yield (4.96%), 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, OKE or XOM?
OKE has the higher forward dividend yield at 4.96%, versus 2.59% for XOM.
Is OKE or XOM safer?
XOM has the higher dividend-safety score (95/100 vs 93/100), reflecting stronger payout coverage and dividend-growth history.
Is OKE or XOM better value right now?
As of Nov 6, 2026, OKE looks like the better value: its fair-value estimate is 29% above its share price (undervalued). For XOM, its fair-value estimate is 49% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.