CVX vs PBT
Chevron Corporation compared with Permian Basin Royalty Trust on yield, payout growth, payment schedule, cost and risk.
CVX
Chevron Corporation
TTM yield · Quarterly
PBT
Permian Basin Royalty Trust
TTM yield · Monthly
Quick take
- CVX yields more today: 3.39% vs 0.82% (forward).
- PBT has grown its payout faster: 6.8%/yr vs 6.0%/yr over the last 5 years.
- CVX pays every quarter; PBT pays every month.
- CVX has the longer streak of annual increases: 8 years vs 0.
- Over the last year PBT delivered the higher total return: +110.0% 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 | PBT |
|---|---|---|
| Share price | $210.00 | $34.82 |
| TTM yield | 3.36% | 1.09% |
| Forward yield | 3.39% | 0.82% |
| Annual payout per share | $7.12 | $0.2869 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Nov 18, 2026 (est.) | Sep 30, 2026 (est.) |
| Payout ratio (earnings) | 67% | 99% |
| 1-year payout growth | +4.3% | -0.4% |
| 5-year payout CAGR | +6.0% | +6.8% |
| Consecutive years of increases | 8 years | 0 years |
| Payout consistency (last 12) | 95/100 | 54/100 |
| 1-year total return | +35.1% | +110.0% |
| 1-year price return | +30.8% | +107.8% |
| Size (market cap / AUM) | 411.9B | 1.6B |
| Years paying | 64.6 | 39.7 |
| 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 | PBT | |
|---|---|---|
| Shares | 47.6 | 287.2 |
| Income per year | $339 | $82 |
| Income per month (avg) | $28 | $7 |
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. |
| PBT Sep 30, 2026 | Oct 14, 2026 | $0.0239 | Est. |
| PBT Oct 30, 2026 | Nov 13, 2026 | $0.0239 | Est. |
| PBT Nov 29, 2026 | Dec 13, 2026 | $0.0239 | Est. |
Annual payouts per share
CVXPBT
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 PBT?
CVX currently has the higher trailing yield: CVX yields 3.36% and PBT yields 1.09%. Yield changes daily with price, so check the live figures above.
How often do CVX and PBT pay?
CVX pays every quarter and PBT pays every month. CVX's next ex-date is Nov 18, 2026 and PBT's is Sep 30, 2026.
Which has grown its dividend faster, CVX or PBT?
PBT has grown its payout faster: 6.8%/yr vs 6.0%/yr over the last 5 years.
Is CVX or PBT better for income?
It depends on what you are optimising for. CVX and PBT 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.