APOG vs CAT: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. APOG offers the higher yield at 2.25%, APOG has the higher dividend-safety score, and APOG looks like the better value (its fair-value estimate is 12% below its share price).
Key facts: APOG vs CAT
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Apogee Enterprises, Inc. (APOG) has the higher forward dividend yield at 2.25%, versus 1.10% for Caterpillar Inc. (CAT).
- As of Nov 5, 2026, SmarterDividends grades APOG's dividend safety A (96/100) and CAT's A (91/100).
- By SmarterDividends' count as of Nov 5, 2026, APOG has raised its dividend for 14 consecutive years and CAT for 32.
- As of Nov 5, 2026, APOG pays out 34% of its earnings as dividends and CAT pays out 24%.
- As of Nov 5, 2026, APOG's fair-value estimate is 12% below its share price and CAT's fair-value estimate is 30% below its share price, so APOG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "APOG vs CAT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/apog-vs-cat
| Metric | APOG | CAT |
|---|---|---|
| Forward yield | 2.25% | 1.10% |
| Annual dividend | $1.08 | $6.52 |
| Payout ratio | 34% | 24% |
| Years of growth | 14 yr | 32 yr |
| 5-yr dividend growth | 6.7% | 7.2% |
| 5-yr total return | 10% | 222% |
| Dividend safety score | 96 (A) | 91 (A) |
| Fair value estimate | $41.31 | $400.01 |
| Upside to fair value | -12% | -30% |
| Frequency | quarterly | quarterly |
| Market cap | $978.1M | $260.3B |
| P/E ratio | 14.8 | 22.3 |
Higher yield
APOG
2.25%
Safer dividend
APOG
Grade A
Faster growth
CAT
7.2%
Better value
APOG
-12% upside
APOG vs CAT — FAQ
Is APOG or CAT a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 3). APOG offers the higher yield (2.25%), while APOG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, APOG or CAT?
APOG has the higher forward dividend yield at 2.25%, versus 1.10% for CAT.
Is APOG or CAT safer?
APOG has the higher dividend-safety score (96/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.
Is APOG or CAT better value right now?
As of Nov 5, 2026, APOG looks like the better value: its fair-value estimate is 12% below its share price (fairly valued). For CAT, its fair-value estimate is 30% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.