SmarterDividends

SM vs XOM: Which Is the Better Dividend Stock?

As of Nov 5, 2026, SM and XOM are closely matched. SM offers the higher yield at 2.83%, XOM has the higher dividend-safety score, and SM looks like the better value (its fair-value estimate is 37% above its share price).

Key facts: SM vs XOM

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, SM Energy Company (SM) has the higher forward dividend yield at 2.83%, versus 2.53% for ExxonMobil Holdings Corporation (XOM).
  • As of Nov 5, 2026, SmarterDividends grades SM's dividend safety B (66/100) and XOM's A (95/100).
  • By SmarterDividends' count as of Nov 5, 2026, SM has raised its dividend for 4 consecutive years and XOM for 24.
  • As of Nov 5, 2026, SM pays out 23% of its earnings as dividends and XOM pays out 42%.
  • As of Nov 5, 2026, SM's fair-value estimate is 37% above its share price and XOM's fair-value estimate is 51% below its share price, so SM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "SM vs XOM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/sm-vs-xom

MetricSMXOM
Forward yield2.83%2.53%
Annual dividend$0.88$4.28
Payout ratio23%42%
Years of growth4 yr24 yr
5-yr dividend growth82.1%2.8%
5-yr total return39%213%
Dividend safety score66 (B)95 (A)
Fair value estimate$43.95$83.91
Upside to fair value+37%-51%
Frequencyquarterlyquarterly
Market cap$7.5B$696.5B
P/E ratio7.017.6

Higher yield

SM

2.83%

Safer dividend

XOM

Grade A

Faster growth

SM

82.1%

Better value

SM

+37% upside

SM vs XOM — FAQ

Is SM or XOM a better dividend stock?

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

Which has a higher dividend yield, SM or XOM?

SM has the higher forward dividend yield at 2.83%, versus 2.53% for XOM.

Is SM or XOM safer?

XOM has the higher dividend-safety score (95/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.

Is SM or XOM better value right now?

As of Nov 5, 2026, SM looks like the better value: its fair-value estimate is 37% above its share price (undervalued). For XOM, its fair-value estimate is 51% below its share price.

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