MPC vs XOM: Which Is the Better Dividend Stock?
As of July 2026, MPC and XOM are closely matched. XOM offers the higher yield at 2.80%, MPC has the higher dividend-safety score, and XOM trades at the larger discount to fair value (-11%).
| Metric | MPC | XOM |
|---|---|---|
| Forward yield | 1.25% | 2.80% |
| Annual dividend | $3.91 | $4.12 |
| Payout ratio | 25% | 68% |
| Years of growth | 4 yr | 24 yr |
| 5-yr dividend growth | 10.0% | 2.8% |
| 5-yr total return | 427% | 170% |
| Dividend safety score | 88 (A) | 87 (A) |
| Fair value estimate | $244.98 | $131.52 |
| Upside to fair value | -22% | -11% |
| Frequency | quarterly | quarterly |
| Market cap | $92.1B | $614.9B |
| P/E ratio | 20.6 | 24.8 |
Higher yield
XOM
2.80%
Safer dividend
MPC
Grade A
Faster growth
MPC
10.0%
Better value
XOM
-11% upside
MPC vs XOM — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.