APA vs CVX: Which Is the Better Dividend Stock?
As of July 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CVX offers the higher yield at 3.80%, CVX has the higher dividend-safety score, and APA trades at the larger discount to fair value (+147%).
| Metric | APA | CVX |
|---|---|---|
| Forward yield | 2.84% | 3.80% |
| Annual dividend | $1.00 | $7.12 |
| Payout ratio | 23% | 120% |
| Years of growth | 0 yr | 38 yr |
| 5-yr dividend growth | 58.5% | 5.8% |
| 5-yr total return | 81% | 94% |
| Dividend safety score | 70 (B) | 86 (A) |
| Fair value estimate | $86.86 | $154.80 |
| Upside to fair value | +147% | -17% |
| Frequency | quarterly | quarterly |
| Market cap | $12.3B | $377.8B |
| P/E ratio | 8.2 | 32.7 |
Higher yield
CVX
3.80%
Safer dividend
CVX
Grade A
Faster growth
APA
58.5%
Better value
APA
+147% upside
APA vs CVX — FAQ
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