CVX vs PBA: Which Is the Better Dividend Stock?
As of September 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PBA offers the higher yield at 4.33%, CVX has the higher dividend-safety score, and PBA trades at the larger discount to fair value (+3%).
| Metric | CVX | PBA |
|---|---|---|
| Forward yield | 3.37% | 4.33% |
| Annual dividend | $7.12 | $2.09 |
| Payout ratio | 67% | 101% |
| Years of growth | 38 yr | 3 yr |
| 5-yr dividend growth | 5.8% | 26.3% |
| 5-yr total return | 106% | 53% |
| Dividend safety score | 95 (A) | 49 (D) |
| Fair value estimate | $119.03 | $49.99 |
| Upside to fair value | -43% | +3% |
| Frequency | quarterly | quarterly |
| Market cap | $409.2B | $28.2B |
| P/E ratio | 20.1 | 23.6 |
Higher yield
PBA
4.33%
Safer dividend
CVX
Grade A
Faster growth
PBA
26.3%
Better value
PBA
+3% upside
CVX vs PBA — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.