CAT vs GRC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. GRC offers the higher yield at 1.06%, GRC has the higher dividend-safety score, and GRC looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: CAT vs GRC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, The Gorman-Rupp Company (GRC) has the higher forward dividend yield at 1.06%, versus 0.89% for Caterpillar Inc. (CAT).
- As of Oct 18, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and GRC's A (97/100).
- By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and GRC for 19.
- As of Oct 18, 2026, CAT pays out 26% of its earnings as dividends and GRC pays out 32%.
- As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and GRC's fair-value estimate is 26% below its share price, so GRC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs GRC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cat-vs-grc
| Metric | CAT | GRC |
|---|---|---|
| Forward yield | 0.89% | 1.06% |
| Annual dividend | $6.52 | $0.76 |
| Payout ratio | 26% | 32% |
| Years of growth | 32 yr | 19 yr |
| 5-yr dividend growth | 7.2% | 4.8% |
| 5-yr total return | 278% | 66% |
| Dividend safety score | 92 (A) | 97 (A) |
| Fair value estimate | $377.48 | $52.97 |
| Upside to fair value | -48% | -26% |
| Frequency | quarterly | quarterly |
| Market cap | $335.9B | $1.9B |
| P/E ratio | 31.5 | 30.3 |
Higher yield
GRC
1.06%
Safer dividend
GRC
Grade A
Faster growth
CAT
7.2%
Better value
GRC
-26% upside
CAT vs GRC — FAQ
Is CAT or GRC a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 3). GRC offers the higher yield (1.06%), while GRC 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 GRC?
GRC has the higher forward dividend yield at 1.06%, versus 0.89% for CAT.
Is CAT or GRC safer?
GRC has the higher dividend-safety score (97/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or GRC better value right now?
As of Oct 18, 2026, GRC looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For CAT, its fair-value estimate is 48% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.