CVX vs PAA
Chevron Corporation compared with Plains All American Pipeline, L.P. on yield, payout growth, payment schedule, cost and risk.
CVX
Chevron Corporation
TTM yield · Quarterly
PAA
Plains All American Pipeline, L.P.
TTM yield · Quarterly
Quick take
- PAA yields more today: 6.44% vs 3.39% (forward).
- PAA has grown its payout faster: 17.8%/yr vs 6.0%/yr over the last 5 years.
- Both pay every quarter.
- CVX has the longer streak of annual increases: 8 years vs 4.
- Over the last year PAA delivered the higher total return: +53.3% vs +35.1% (price change plus payouts).
- CVX raises fewer payout-risk flags on our heuristic (low vs moderate).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CVX | PAA |
|---|---|---|
| Share price | $210.00 | $25.97 |
| TTM yield | 3.36% | 6.29% |
| Forward yield | 3.39% | 6.44% |
| Annual payout per share | $7.12 | $1.672 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Nov 18, 2026 (est.) | Oct 30, 2026 (est.) |
| Payout ratio (earnings) | 67% | 136% |
| 1-year payout growth | +4.3% | +12.1% |
| 5-year payout CAGR | +6.0% | +17.8% |
| Consecutive years of increases | 8 years | 4 years |
| Payout consistency (last 12) | 95/100 | 87/100 |
| 1-year total return | +35.1% | +53.3% |
| 1-year price return | +30.8% | +44.3% |
| Size (market cap / AUM) | 411.9B | 18.3B |
| Years paying | 64.6 | 27.6 |
| Payout risk (heuristic) | Low | Moderate |
| 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 | PAA | |
|---|---|---|
| Shares | 47.6 | 385.1 |
| Income per year | $339 | $644 |
| Income per month (avg) | $28 | $54 |
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. |
| PAA Oct 30, 2026 | Nov 13, 2026 | $0.418 | Est. |
| PAA Jan 29, 2027 | Feb 12, 2027 | $0.418 | Est. |
| PAA Apr 30, 2027 | May 14, 2027 | $0.418 | Est. |
Annual payouts per share
CVXPAA
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 PAA?
PAA currently has the higher trailing yield: CVX yields 3.36% and PAA yields 6.29%. Yield changes daily with price, so check the live figures above.
How often do CVX and PAA pay?
CVX pays every quarter and PAA pays every quarter. CVX's next ex-date is Nov 18, 2026 and PAA's is Oct 30, 2026.
Which has grown its dividend faster, CVX or PAA?
PAA has grown its payout faster: 17.8%/yr vs 6.0%/yr over the last 5 years.
Is CVX or PAA better for income?
It depends on what you are optimising for. CVX and PAA 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.