CAT vs DOV: Which Is the Better Dividend Stock?
As of July 2026, DOV (Dover Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DOV offers the higher yield at 0.97%, DOV has the higher dividend-safety score, and DOV trades at the larger discount to fair value (-31%).
| Metric | CAT | DOV |
|---|---|---|
| Forward yield | 0.74% | 0.97% |
| Annual dividend | $6.52 | $2.08 |
| Payout ratio | 30% | 26% |
| Years of growth | 32 yr | 43 yr |
| 5-yr dividend growth | 7.2% | 1.0% |
| 5-yr total return | 317% | 23% |
| Dividend safety score | 89 (A) | 99 (A) |
| Fair value estimate | $485.27 | $146.88 |
| Upside to fair value | -45% | -31% |
| Frequency | quarterly | quarterly |
| Market cap | $398.1B | $28.2B |
| P/E ratio | 43.9 | 26.2 |
Higher yield
DOV
0.97%
Safer dividend
DOV
Grade A
Faster growth
CAT
7.2%
Better value
DOV
-31% upside
CAT vs DOV — FAQ
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