APOG vs CAT: Which Is the Better Dividend Stock?
As of September 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. APOG offers the higher yield at 2.93%, APOG has the higher dividend-safety score, and APOG trades at the larger discount to fair value (-21%).
| Metric | APOG | CAT |
|---|---|---|
| Forward yield | 2.93% | 0.81% |
| Annual dividend | $1.08 | $6.52 |
| Payout ratio | 33% | 26% |
| Years of growth | 14 yr | 32 yr |
| 5-yr dividend growth | 6.7% | 7.2% |
| 5-yr total return | -12% | 297% |
| Dividend safety score | 95 (A) | 92 (A) |
| Fair value estimate | $29.16 | $492.78 |
| Upside to fair value | -21% | -39% |
| Frequency | quarterly | quarterly |
| Market cap | $768.0M | $371.9B |
| P/E ratio | 11.5 | 34.8 |
Higher yield
APOG
2.93%
Safer dividend
APOG
Grade A
Faster growth
CAT
7.2%
Better value
APOG
-21% upside
APOG vs CAT — FAQ
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