SmarterDividends

CAT vs GVA: 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. CAT offers the higher yield at 0.89%, GVA has the higher dividend-safety score, and GVA looks like the better value (its fair-value estimate is 29% below its share price).

Key facts: CAT vs GVA

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Caterpillar Inc. (CAT) has the higher forward dividend yield at 0.89%, versus 0.47% for Granite Construction Incorporated (GVA).
  • As of Oct 18, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and GVA's A (94/100).
  • By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and GVA for 0.
  • As of Oct 18, 2026, CAT pays out 26% of its earnings as dividends and GVA pays out 15%.
  • As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and GVA's fair-value estimate is 29% below its share price, so GVA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CAT vs GVA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cat-vs-gva

MetricCATGVA
Forward yield0.89%0.47%
Annual dividend$6.52$0.52
Payout ratio26%15%
Years of growth32 yr0 yr
5-yr dividend growth7.2%0.0%
5-yr total return278%182%
Dividend safety score92 (A)94 (A)
Fair value estimate$377.48$77.76
Upside to fair value-48%-29%
Frequencyquarterlyquarterly
Market cap$335.9B$4.9B
P/E ratio31.5—

Higher yield

CAT

0.89%

Safer dividend

GVA

Grade A

Faster growth

CAT

7.2%

Better value

GVA

-29% upside

CAT vs GVA — FAQ

Is CAT or GVA a better dividend stock?

On the data, CAT wins more head-to-head categories (5 vs 3). CAT offers the higher yield (0.89%), while GVA 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 GVA?

CAT has the higher forward dividend yield at 0.89%, versus 0.47% for GVA.

Is CAT or GVA safer?

GVA has the higher dividend-safety score (94/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.

Is CAT or GVA better value right now?

As of Oct 18, 2026, GVA looks like the better value: its fair-value estimate is 29% below its share price (overvalued). For CAT, its fair-value estimate is 48% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.