SmarterDividends

UGP vs XOM: Which Is the Better Dividend Stock?

As of Oct 18, 2026, UGP (Ultrapar Participações S.A.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. UGP offers the higher yield at 4.82%, XOM has the higher dividend-safety score, and UGP looks like the better value (its fair-value estimate is 71% above its share price).

Key facts: UGP vs XOM

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Ultrapar Participações S.A. (UGP) has the higher forward dividend yield at 4.82%, versus 2.30% for ExxonMobil Holdings Corporation (XOM).
  • As of Oct 18, 2026, SmarterDividends grades UGP's dividend safety C (53/100) and XOM's A (92/100).
  • By SmarterDividends' count as of Oct 18, 2026, UGP has raised its dividend for 2 consecutive years and XOM for 24.
  • As of Oct 18, 2026, UGP pays out 41% of its earnings as dividends and XOM pays out 53%.
  • As of Oct 18, 2026, UGP's fair-value estimate is 71% above its share price and XOM's fair-value estimate is 54% below its share price, so UGP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricUGPXOM
Forward yield4.82%2.30%
Annual dividend$0.38$4.12
Payout ratio41%53%
Years of growth2 yr24 yr
5-yr dividend growth7.2%2.8%
5-yr total return205%199%
Dividend safety score53 (C)92 (A)
Fair value estimate$13.31$83.10
Upside to fair value+71%-54%
Frequencysemiannualquarterly
Market cap$8.3B$736.0B
P/E ratio12.623.0

Higher yield

UGP

4.82%

Safer dividend

XOM

Grade A

Faster growth

UGP

7.2%

Better value

UGP

+71% upside

UGP vs XOM — FAQ

Is UGP or XOM a better dividend stock?

On the data, UGP wins more head-to-head categories (5 vs 3). UGP offers the higher yield (4.82%), 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, UGP or XOM?

UGP has the higher forward dividend yield at 4.82%, versus 2.30% for XOM.

Is UGP or XOM safer?

XOM has the higher dividend-safety score (92/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.

Is UGP or XOM better value right now?

As of Oct 18, 2026, UGP looks like the better value: its fair-value estimate is 71% above its share price (undervalued). For XOM, its fair-value estimate is 54% below its share price.

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