CAT vs FIP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CAT and FIP are closely matched. FIP offers the higher yield at 4.98%, CAT has the higher dividend-safety score, and FIP looks like the better value (its fair-value estimate is 42% below its share price).
Key facts: CAT vs FIP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, FTAI Infrastructure Inc. (FIP) has the higher forward dividend yield at 4.98%, versus 0.89% for Caterpillar Inc. (CAT).
- As of Oct 18, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and FIP's C (59/100).
- By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and FIP for 0.
- As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and FIP's fair-value estimate is 42% below its share price, so FIP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs FIP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cat-vs-fip
| Metric | CAT | FIP |
|---|---|---|
| Forward yield | 0.89% | 4.98% |
| Annual dividend | $6.52 | $0.12 |
| Payout ratio | 26% | 0% |
| Years of growth | 32 yr | 0 yr |
| 5-yr dividend growth | 7.2% | — |
| 5-yr total return | 278% | — |
| Dividend safety score | 92 (A) | 59 (C) |
| Fair value estimate | $377.48 | $1.40 |
| Upside to fair value | -48% | -42% |
| Frequency | quarterly | quarterly |
| Market cap | $335.9B | $286.0M |
| P/E ratio | 31.5 | — |
Higher yield
FIP
4.98%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
FIP
-42% upside
CAT vs FIP — FAQ
Is CAT or FIP a better dividend stock?
CAT and FIP are closely matched. FIP has the higher yield; CAT scores better on safety.
Which has a higher dividend yield, CAT or FIP?
FIP has the higher forward dividend yield at 4.98%, versus 0.89% for CAT.
Is CAT or FIP safer?
CAT has the higher dividend-safety score (92/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or FIP better value right now?
As of Oct 18, 2026, FIP looks like the better value: its fair-value estimate is 42% below its share price (overvalued). For CAT, its fair-value estimate is 48% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.