VLO vs XOM: Which Is the Better Dividend Stock?
As of July 2026, VLO (Valero Energy Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. XOM offers the higher yield at 2.80%, VLO has the higher dividend-safety score, and XOM trades at the larger discount to fair value (-11%).
| Metric | VLO | XOM |
|---|---|---|
| Forward yield | 1.55% | 2.80% |
| Annual dividend | $4.80 | $4.12 |
| Payout ratio | 34% | 68% |
| Years of growth | 3 yr | 24 yr |
| 5-yr dividend growth | 2.9% | 2.8% |
| 5-yr total return | 367% | 170% |
| Dividend safety score | 88 (A) | 87 (A) |
| Fair value estimate | $246.85 | $131.52 |
| Upside to fair value | -20% | -11% |
| Frequency | quarterly | quarterly |
| Market cap | $93.0B | $614.9B |
| P/E ratio | 22.6 | 24.8 |
Higher yield
XOM
2.80%
Safer dividend
VLO
Grade A
Faster growth
VLO
2.9%
Better value
XOM
-11% upside
VLO vs XOM — FAQ
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