CAT vs HAFN: Which Is the Better Dividend Stock?
As of Oct 30, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. HAFN offers the higher yield at 10.25%, CAT has the higher dividend-safety score, and HAFN looks like the better value (its fair-value estimate is 32% above its share price).
Key facts: CAT vs HAFN
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Hafnia Limited (HAFN) has the higher forward dividend yield at 10.25%, versus 0.91% for Caterpillar Inc. (CAT).
- As of Oct 30, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and HAFN's C (52/100).
- By SmarterDividends' count as of Oct 30, 2026, CAT has raised its dividend for 32 consecutive years and HAFN for 0.
- As of Oct 30, 2026, CAT pays out 26% of its earnings as dividends and HAFN pays out 57%.
- As of Oct 30, 2026, CAT's fair-value estimate is 42% below its share price and HAFN's fair-value estimate is 32% above its share price, so HAFN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs HAFN: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/cat-vs-hafn
| Metric | CAT | HAFN |
|---|---|---|
| Forward yield | 0.91% | 10.25% |
| Annual dividend | $6.52 | $1.11 |
| Payout ratio | 26% | 57% |
| Years of growth | 32 yr | 0 yr |
| 5-yr dividend growth | 7.2% | — |
| 5-yr total return | 255% | — |
| Dividend safety score | 92 (A) | 52 (C) |
| Fair value estimate | $377.48 | $14.63 |
| Upside to fair value | -42% | +32% |
| Frequency | quarterly | quarterly |
| Market cap | $297.6B | $5.9B |
| P/E ratio | 27.9 | 8.6 |
Higher yield
HAFN
10.25%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
HAFN
+32% upside
CAT vs HAFN — FAQ
Is CAT or HAFN a better dividend stock?
On the data, CAT wins more head-to-head categories (4 vs 2). HAFN offers the higher yield (10.25%), 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 HAFN?
HAFN has the higher forward dividend yield at 10.25%, versus 0.91% for CAT.
Is CAT or HAFN safer?
CAT has the higher dividend-safety score (92/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or HAFN better value right now?
As of Oct 30, 2026, HAFN looks like the better value: its fair-value estimate is 32% above its share price (undervalued). For CAT, its fair-value estimate is 42% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.