CVE vs CVX: Which Is the Better Dividend Stock?
As of July 2026, CVE and CVX are closely matched. CVX offers the higher yield at 3.80%, CVX has the higher dividend-safety score, and CVE trades at the larger discount to fair value (+61%).
| Metric | CVE | CVX |
|---|---|---|
| Forward yield | 2.22% | 3.80% |
| Annual dividend | $0.62 | $7.12 |
| Payout ratio | 32% | 120% |
| Years of growth | 4 yr | 38 yr |
| 5-yr dividend growth | 24.8% | 5.8% |
| 5-yr total return | 238% | 94% |
| Dividend safety score | 59 (C) | 86 (A) |
| Fair value estimate | $44.97 | $154.80 |
| Upside to fair value | +61% | -17% |
| Frequency | quarterly | quarterly |
| Market cap | $52.7B | $377.8B |
| P/E ratio | 15.8 | 32.7 |
Higher yield
CVX
3.80%
Safer dividend
CVX
Grade A
Faster growth
CVE
24.8%
Better value
CVE
+61% upside
CVE vs CVX — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


