SmarterDividends

TRP vs XOM: Which Is the Better Dividend Stock?

As of Nov 6, 2026, XOM (ExxonMobil Holdings Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TRP offers the higher yield at 4.01%, XOM has the higher dividend-safety score, and TRP looks like the better value (its fair-value estimate is 25% below its share price).

Key facts: TRP vs XOM

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, TC Energy Corporation (TRP) has the higher forward dividend yield at 4.01%, versus 2.59% for ExxonMobil Holdings Corporation (XOM).
  • As of Nov 6, 2026, SmarterDividends grades TRP's dividend safety C (52/100) and XOM's A (95/100).
  • By SmarterDividends' count as of Nov 6, 2026, TRP has raised its dividend for 0 consecutive years and XOM for 24.
  • As of Nov 6, 2026, TRP pays out 98% of its earnings as dividends and XOM pays out 42%.
  • As of Nov 6, 2026, TRP's fair-value estimate is 25% below its share price and XOM's fair-value estimate is 49% below its share price, so TRP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricTRPXOM
Forward yield4.01%2.59%
Annual dividend$2.51$4.28
Payout ratio98%42%
Years of growth0 yr24 yr
5-yr dividend growth2.0%2.8%
5-yr total return37%213%
Dividend safety score52 (C)95 (A)
Fair value estimate$46.90$83.91
Upside to fair value-25%-49%
Frequencyquarterlyquarterly
Market cap$65.2B$674.3B
P/E ratio23.417.0

Higher yield

TRP

4.01%

Safer dividend

XOM

Grade A

Faster growth

XOM

2.8%

Better value

TRP

-25% upside

TRP vs XOM — FAQ

Is TRP or XOM a better dividend stock?

On the data, XOM wins more head-to-head categories (6 vs 2). TRP offers the higher yield (4.01%), 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, TRP or XOM?

TRP has the higher forward dividend yield at 4.01%, versus 2.59% for XOM.

Is TRP or XOM safer?

XOM has the higher dividend-safety score (95/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.

Is TRP or XOM better value right now?

As of Nov 6, 2026, TRP looks like the better value: its fair-value estimate is 25% 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.