CAT vs CMRE: Which Is the Better Dividend Stock?
As of Nov 8, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CMRE offers the higher yield at 3.93%, CAT has the higher dividend-safety score, and CMRE looks like the better value (its fair-value estimate is 21% above its share price).
Key facts: CAT vs CMRE
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Costamare Inc. (CMRE) has the higher forward dividend yield at 3.93%, versus 1.17% for Caterpillar Inc. (CAT).
- As of Nov 8, 2026, SmarterDividends grades CAT's dividend safety A (90/100) and CMRE's B (74/100).
- By SmarterDividends' count as of Nov 8, 2026, CAT has raised its dividend for 32 consecutive years and CMRE for 1.
- As of Nov 8, 2026, CAT pays out 24% of its earnings as dividends and CMRE pays out 18%.
- As of Nov 8, 2026, CAT's fair-value estimate is 28% below its share price and CMRE's fair-value estimate is 21% above its share price, so CMRE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs CMRE: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/cat-vs-cmre
| Metric | CAT | CMRE |
|---|---|---|
| Forward yield | 1.17% | 3.93% |
| Annual dividend | $6.52 | $0.50 |
| Payout ratio | 24% | 18% |
| Years of growth | 32 yr | 1 yr |
| 5-yr dividend growth | 7.2% | 5.1% |
| 5-yr total return | 189% | 6% |
| Dividend safety score | 90 (A) | 74 (B) |
| Fair value estimate | $400.75 | $15.34 |
| Upside to fair value | -28% | +21% |
| Frequency | quarterly | quarterly |
| Market cap | $255.6B | $1.5B |
| P/E ratio | 21.9 | 4.9 |
Higher yield
CMRE
3.93%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
CMRE
+21% upside
CAT vs CMRE — FAQ
Is CAT or CMRE a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 3). CMRE offers the higher yield (3.93%), while CAT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CAT or CMRE?
CMRE has the higher forward dividend yield at 3.93%, versus 1.17% for CAT.
Is CAT or CMRE safer?
CAT has the higher dividend-safety score (90/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or CMRE better value right now?
As of Nov 8, 2026, CMRE looks like the better value: its fair-value estimate is 21% above its share price (undervalued). For CAT, its fair-value estimate is 28% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.