CAT vs CSX: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. CAT offers the higher yield at 1.10%, CAT has the higher dividend-safety score, and CAT looks like the better value (its fair-value estimate is 30% below its share price).
Key facts: CAT vs CSX
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Caterpillar Inc. (CAT) has the higher forward dividend yield at 1.10%, versus 1.08% for CSX Corporation (CSX).
- As of Nov 5, 2026, SmarterDividends grades CAT's dividend safety A (91/100) and CSX's A (91/100).
- By SmarterDividends' count as of Nov 5, 2026, CAT has raised its dividend for 32 consecutive years and CSX for 21.
- As of Nov 5, 2026, CAT pays out 24% of its earnings as dividends and CSX pays out 29%.
- As of Nov 5, 2026, CAT's fair-value estimate is 30% below its share price and CSX's fair-value estimate is 44% below its share price, so CAT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs CSX: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cat-vs-csx
| Metric | CAT | CSX |
|---|---|---|
| Forward yield | 1.10% | 1.08% |
| Annual dividend | $6.52 | $0.56 |
| Payout ratio | 24% | 29% |
| Years of growth | 32 yr | 21 yr |
| 5-yr dividend growth | 7.2% | 8.4% |
| 5-yr total return | 222% | 50% |
| Dividend safety score | 91 (A) | 91 (A) |
| Fair value estimate | $400.01 | $29.01 |
| Upside to fair value | -30% | -44% |
| Frequency | quarterly | quarterly |
| Market cap | $260.3B | $96.0B |
| P/E ratio | 22.3 | 27.0 |
Higher yield
CAT
1.10%
Safer dividend
CAT
Grade A
Faster growth
CSX
8.4%
Better value
CAT
-30% upside
CAT vs CSX — FAQ
Is CAT or CSX a better dividend stock?
On the data, CAT wins more head-to-head categories (6 vs 1). CAT offers the higher yield (1.10%), 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 CSX?
CAT has the higher forward dividend yield at 1.10%, versus 1.08% for CSX.
Is CAT or CSX safer?
CAT has the higher dividend-safety score (91/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or CSX better value right now?
As of Nov 5, 2026, CAT looks like the better value: its fair-value estimate is 30% below its share price (overvalued). For CSX, its fair-value estimate is 44% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.