CAT vs DOV: Which Is the Better Dividend Stock?
As of September 2026, DOV (Dover Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DOV offers the higher yield at 1.11%, DOV has the higher dividend-safety score, and DOV trades at the larger discount to fair value (-19%).
| Metric | CAT | DOV |
|---|---|---|
| Forward yield | 0.80% | 1.11% |
| Annual dividend | $6.52 | $2.10 |
| Payout ratio | 26% | 25% |
| Years of growth | 32 yr | 43 yr |
| 5-yr dividend growth | 7.2% | 1.0% |
| 5-yr total return | 326% | 22% |
| Dividend safety score | 92 (A) | 99 (A) |
| Fair value estimate | $493.16 | $152.67 |
| Upside to fair value | -40% | -19% |
| Frequency | quarterly | quarterly |
| Market cap | $376.3B | $25.5B |
| P/E ratio | 35.2 | 22.9 |
Higher yield
DOV
1.11%
Safer dividend
DOV
Grade A
Faster growth
CAT
7.2%
Better value
DOV
-19% upside
CAT vs DOV — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.