BP vs CVX: Which Is the Better Dividend Stock?
As of July 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BP offers the higher yield at 4.77%, CVX has the higher dividend-safety score, and BP trades at the larger discount to fair value (-8%).
| Metric | BP | CVX |
|---|---|---|
| Forward yield | 4.77% | 3.80% |
| Annual dividend | $2.00 | $7.12 |
| Payout ratio | 160% | 120% |
| Years of growth | 4 yr | 38 yr |
| 5-yr dividend growth | 0.7% | 5.8% |
| 5-yr total return | 71% | 94% |
| Dividend safety score | 65 (C) | 86 (A) |
| Fair value estimate | $38.45 | $154.80 |
| Upside to fair value | -8% | -17% |
| Frequency | quarterly | quarterly |
| Market cap | $108.2B | $377.8B |
| P/E ratio | 33.9 | 32.7 |
Higher yield
BP
4.77%
Safer dividend
CVX
Grade A
Faster growth
CVX
5.8%
Better value
BP
-8% upside
BP vs CVX — FAQ
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