CAT vs CVLG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. CVLG offers the higher yield at 0.91%, CAT has the higher dividend-safety score, and CAT looks like the better value (its fair-value estimate is 48% below its share price).
Key facts: CAT vs CVLG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Covenant Logistics Group, Inc. (CVLG) has the higher forward dividend yield at 0.91%, versus 0.89% for Caterpillar Inc. (CAT).
- As of Oct 18, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and CVLG's B (68/100).
- By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and CVLG for 1.
- As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and CVLG's fair-value estimate is 51% below its share price, so CAT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs CVLG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cat-vs-cvlg
| Metric | CAT | CVLG |
|---|---|---|
| Forward yield | 0.89% | 0.91% |
| Annual dividend | $6.52 | $0.28 |
| Payout ratio | 26% | 2800% |
| Years of growth | 32 yr | 1 yr |
| 5-yr dividend growth | 7.2% | — |
| 5-yr total return | 278% | 145% |
| Dividend safety score | 92 (A) | 68 (B) |
| Fair value estimate | $377.48 | $15.15 |
| Upside to fair value | -48% | -51% |
| Frequency | quarterly | quarterly |
| Market cap | $335.9B | $779.6M |
| P/E ratio | 31.5 | 3072.0 |
Higher yield
CVLG
0.91%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
CAT
-48% upside
CAT vs CVLG — FAQ
Is CAT or CVLG a better dividend stock?
On the data, CAT wins more head-to-head categories (6 vs 1). CVLG offers the higher yield (0.91%), 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 CVLG?
CVLG has the higher forward dividend yield at 0.91%, versus 0.89% for CAT.
Is CAT or CVLG safer?
CAT has the higher dividend-safety score (92/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or CVLG better value right now?
As of Oct 18, 2026, CAT looks like the better value: its fair-value estimate is 48% below its share price (overvalued). For CVLG, its fair-value estimate is 51% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.