CAT vs GSL-PB: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. GSL-PB offers the higher yield at 8.34%, CAT has the higher dividend-safety score, and GSL-PB looks like the better value (its fair-value estimate is 46% above its share price).
Key facts: CAT vs GSL-PB
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Global Ship Lease, Inc. (GSL-PB) has the higher forward dividend yield at 8.34%, versus 0.94% for Caterpillar Inc. (CAT).
- As of Oct 27, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and GSL-PB's A (89/100).
- By SmarterDividends' count as of Oct 27, 2026, CAT has raised its dividend for 32 consecutive years and GSL-PB for 0.
- As of Oct 27, 2026, CAT's fair-value estimate is 45% below its share price and GSL-PB's fair-value estimate is 46% above its share price, so GSL-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs GSL-PB: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cat-vs-gsl-pb
| Metric | CAT | GSL-PB |
|---|---|---|
| Forward yield | 0.94% | 8.34% |
| Annual dividend | $6.52 | $2.19 |
| Payout ratio | 26% | — |
| Years of growth | 32 yr | 0 yr |
| 5-yr dividend growth | 7.2% | 0.0% |
| 5-yr total return | 255% | 2% |
| Dividend safety score | 92 (A) | 89 (A) |
| Fair value estimate | $377.48 | $38.35 |
| Upside to fair value | -45% | +46% |
| Frequency | quarterly | quarterly |
| Market cap | $318.2B | — |
| P/E ratio | 29.8 | 4.2 |
Higher yield
GSL-PB
8.34%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
GSL-PB
+46% upside
CAT vs GSL-PB — FAQ
Is CAT or GSL-PB a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 2). GSL-PB offers the higher yield (8.34%), 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 GSL-PB?
GSL-PB has the higher forward dividend yield at 8.34%, versus 0.94% for CAT.
Is CAT or GSL-PB safer?
CAT has the higher dividend-safety score (92/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or GSL-PB better value right now?
As of Oct 27, 2026, GSL-PB looks like the better value: its fair-value estimate is 46% above its share price (undervalued). For CAT, its fair-value estimate is 45% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.