SmarterDividends

CVX vs VOC: Which Is the Better Dividend Stock?

As of July 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VOC offers the higher yield at 12.86%, CVX has the higher dividend-safety score.

MetricCVXVOC
Forward yield3.80%12.86%
Annual dividend$7.12$0.41
Payout ratio120%100%
Years of growth38 yr0 yr
5-yr dividend growth5.8%7.7%
5-yr total return94%-26%
Dividend safety score86 (A)51 (C)
Fair value estimate$154.80
Upside to fair value-17%
Frequencyquarterlyquarterly
Market cap$377.8B$54.2M
P/E ratio32.77.3

Higher yield

VOC

12.86%

Safer dividend

CVX

Grade A

Faster growth

VOC

7.7%

CVX vs VOC — FAQ

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