CVX vs DVN
Chevron Corporation compared with Devon Energy Corporation on yield, payout growth, payment schedule, cost and risk.
CVX
Chevron Corporation
TTM yield · Quarterly
DVN
Devon Energy Corporation
TTM yield · Quarterly
Quick take
- CVX yields more today: 3.39% vs 2.64% (forward).
- CVX has grown its payout faster: 6.0%/yr vs 3.9%/yr over the last 5 years.
- Both pay every quarter.
- CVX has the longer streak of annual increases: 8 years vs 1.
- Over the last year DVN delivered the higher total return: +37.0% vs +35.0% (price change plus payouts).
- CVX raises fewer payout-risk flags on our heuristic (low vs low).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CVX | DVN |
|---|---|---|
| Share price | $209.80 | $48.40 |
| TTM yield | 3.36% | 2.15% |
| Forward yield | 3.39% | 2.64% |
| Annual payout per share | $7.12 | $1.28 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Nov 18, 2026 (est.) | Sep 15, 2026 (declared) |
| Payout ratio (earnings) | 67% | 23% |
| 1-year payout growth | +4.3% | -8.8% |
| 5-year payout CAGR | +6.0% | +3.9% |
| Consecutive years of increases | 8 years | 1 year |
| Payout consistency (last 12) | 95/100 | 56/100 |
| 1-year total return | +35.0% | +37.0% |
| 1-year price return | +30.6% | +34.1% |
| Size (market cap / AUM) | 411.9B | 53.2B |
| Years paying | 64.6 | 33.2 |
| Payout risk (heuristic) | Low | Low |
| Sector / category | Energy | Energy |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CVX | DVN | |
|---|---|---|
| Shares | 47.7 | 206.6 |
| Income per year | $339 | $264 |
| Income per month (avg) | $28 | $22 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CVX Nov 18, 2026 | Dec 2, 2026 | $1.78 | Est. |
| CVX Feb 17, 2027 | Mar 3, 2027 | $1.78 | Est. |
| CVX May 19, 2027 | Jun 2, 2027 | $1.78 | Est. |
| DVN Sep 15, 2026 | Sep 30, 2026 | $0.32 | Declared |
| DVN Dec 15, 2026 | Dec 29, 2026 | $0.32 | Est. |
| DVN Mar 16, 2027 | Mar 30, 2027 | $0.32 | Est. |
Annual payouts per share
CVXDVN
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CVX or DVN?
CVX currently has the higher trailing yield: CVX yields 3.36% and DVN yields 2.15%. Yield changes daily with price, so check the live figures above.
How often do CVX and DVN pay?
CVX pays every quarter and DVN pays every quarter. CVX's next ex-date is Nov 18, 2026 and DVN's is Sep 15, 2026.
Which has grown its dividend faster, CVX or DVN?
CVX has grown its payout faster: 6.0%/yr vs 3.9%/yr over the last 5 years.
Is CVX or DVN better for income?
It depends on what you are optimising for. CVX and DVN differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.