Computed head-to-head · 6 dimensions
CVX vs OKE
Chevron Corp. versus ONEOK, Inc. — yield, safety, growth trend, cost, scale, and tax treatment.
CVX wins 3–2 on our six-dimension comparison, but OKE can still be the better fit depending on your priorities — see each dimension below.
CVX wins this comparison 3–2 across 6 dimensions. CVX yields 3.56% — lower than OKE's 4.73% — and carries a 7.5/10 dividend safety score (Solid) vs 6.8/10 for OKE (Solid). CVX wins 3–2 on our six-dimension comparison, but OKE can still be the better fit depending on your priorities — see each dimension below.
On yield alone, OKE generates 4.73% vs 3.56% — a 1.17% difference that translates to $1,170 more per year on a $100,000 investment. On dividend safety, CVX scores 7.5/10 (Solid) vs 6.8/10 (Solid) for OKE — investors prioritizing income reliability should weight that gap alongside the yield difference.
Scorecard at a glance
| Dimension | CVX | OKE | Winner |
|---|---|---|---|
| Yield | 3.56% | 4.73% | OKE wins |
| Dividend safety | 7.5/10 | 6.8/10 | CVX wins |
| Growth trend | -0.43% vs 5y | -0.77% vs 5y | OKE wins |
| Volatility (beta) | 0.49 | 0.76 | CVX wins |
| Scale | $396.0B | $57.0B | CVX wins |
| Tax efficiency | Qualified-eligible | Qualified-eligible | Tie |
| Overall | 3 wins | 2 wins | CVX wins |
Dimension by dimension
OKE wins on yield (4.73% vs 3.56%)
On a $10,000 investment that's about $117 more in annual dividend income before taxes — though higher yield often comes with higher risk.
OKE's higher yield (4.73%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus CVX's 3.56% — especially if the higher yield is driven by covered calls or a falling share price.
CVX wins on safety (7.5/10 vs 6.8/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. CVX scores better on the weighted average of those factors.
CVX (7.5/10) scores 0.7 points higher than OKE (6.8/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.
OKE shows healthier dividend-vs-price trend
OKE's yield is 0.77% below its 5y average, versus 0.43% for CVX. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.
CVX is less volatile (beta 0.49 vs 0.76)
Lower beta means smaller swings vs the S&P 500 — generally a steadier hold for income investors.
CVX is 6.9× larger by market cap
Larger companies tend to have tighter spreads, deeper liquidity, and lower closure risk.
Both pay qualified-dividend-eligible distributions
Neither is structurally flagged for ordinary-income tax treatment. Most distributions should qualify for the lower long-term capital gains rate if holding-period requirements are met.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better for income, CVX or OKE?
CVX wins 3–2 on our six-dimension comparison, but OKE can still be the better fit depending on your priorities — see each dimension below.
CVX vs OKE: which has a higher dividend yield?
CVX yields 3.56% and OKE yields 4.73%. On a $10,000 investment that's about $117 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is CVX or OKE a safer dividend in 2026?
CVX scores 7.5/10 (Solid) on the Infnits dividend safety scale. OKE scores 6.8/10 (Solid). CVX is the safer pick on our scoring model.
Which has better dividend growth, CVX or OKE?
OKE's yield is 0.77% below its 5y average, versus 0.43% for CVX. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.
CVX vs OKE: which is more tax-efficient?
Neither is structurally flagged for ordinary-income tax treatment. Most distributions should qualify for the lower long-term capital gains rate if holding-period requirements are met.
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