CVX vs TRGP
Chevron Corporation compared with Targa Resources Corp. on yield, payout growth, payment schedule, cost and risk.
CVX
Chevron Corporation
TTM yield · Quarterly
TRGP
Targa Resources Corp.
TTM yield · Quarterly
Quick take
- CVX yields more today: 3.39% vs 1.70% (forward).
- TRGP has grown its payout faster: 62.3%/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 TRGP delivered the higher total return: +78.1% vs +35.1% (price change plus payouts).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CVX | TRGP |
|---|---|---|
| Share price | $210.00 | $294.29 |
| TTM yield | 3.36% | 1.53% |
| Forward yield | 3.39% | 1.70% |
| Annual payout per share | $7.12 | $5.00 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Nov 18, 2026 (est.) | Oct 31, 2026 (est.) |
| Payout ratio (earnings) | 67% | 41% |
| 1-year payout growth | +4.3% | +28.6% |
| 5-year payout CAGR | +6.0% | +62.3% |
| Consecutive years of increases | 8 years | 4 years |
| Payout consistency (last 12) | 95/100 | 73/100 |
| 1-year total return | +35.1% | +78.1% |
| 1-year price return | +30.8% | +75.4% |
| Size (market cap / AUM) | 411.9B | 63.1B |
| Years paying | 64.6 | 15.6 |
| 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 | TRGP | |
|---|---|---|
| Shares | 47.6 | 34.0 |
| Income per year | $339 | $170 |
| Income per month (avg) | $28 | $14 |
At forward yields, before taxes. Model CVX · Model TRGP
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. |
| TRGP Oct 31, 2026 | Nov 14, 2026 | $1.25 | Est. |
| TRGP Jan 31, 2027 | Feb 14, 2027 | $1.25 | Est. |
| TRGP May 3, 2027 | May 17, 2027 | $1.25 | Est. |
Annual payouts per share
CVXTRGP
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 TRGP?
CVX currently has the higher trailing yield: CVX yields 3.36% and TRGP yields 1.53%. Yield changes daily with price, so check the live figures above.
How often do CVX and TRGP pay?
CVX pays every quarter and TRGP pays every quarter. CVX's next ex-date is Nov 18, 2026 and TRGP's is Oct 31, 2026.
Which has grown its dividend faster, CVX or TRGP?
TRGP has grown its payout faster: 62.3%/yr vs 6.0%/yr over the last 5 years.
Is CVX or TRGP better for income?
It depends on what you are optimising for. CVX and TRGP 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.