CAT vs HONA: Which Is the Better Dividend Stock?
As of Nov 15, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. CAT offers the higher yield at 1.09%, CAT has the higher dividend-safety score, and HONA looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: CAT vs HONA
Data as of · Source: SmarterDividends data
- As of Nov 15, 2026, Caterpillar Inc. (CAT) has the higher forward dividend yield at 1.09%, versus 0.97% for Honeywell Aerospace Inc. (HONA).
- By SmarterDividends' count as of Nov 15, 2026, CAT has raised its dividend for 32 consecutive years and HONA for 0.
- As of Nov 15, 2026, CAT's fair-value estimate is 33% below its share price and HONA's fair-value estimate is 16% below its share price, so HONA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs HONA: Dividend Yield, Safety & Value Compared," updated Nov 15, 2026, https://smarterdividends.com/compare/cat-vs-hona
| Metric | CAT | HONA |
|---|---|---|
| Forward yield | 1.09% | 0.97% |
| Annual dividend | $6.52 | $1.60 |
| Payout ratio | 24% | 0% |
| Years of growth | 32 yr | 0 yr |
| 5-yr dividend growth | 7.2% | — |
| 5-yr total return | 190% | — |
| Dividend safety score | 90 (A) | — |
| Fair value estimate | $400.75 | $138.90 |
| Upside to fair value | -33% | -16% |
| Frequency | quarterly | annual |
| Market cap | $274.6B | $52.3B |
| P/E ratio | 23.6 | 46.7 |
Higher yield
CAT
1.09%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
HONA
-16% upside
CAT vs HONA FAQ
Is CAT or HONA a better dividend stock?
On the data, CAT wins more head-to-head categories (3 vs 2). CAT offers the higher yield (1.09%), 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 HONA?
CAT has the higher forward dividend yield at 1.09%, versus 0.97% for HONA.
Is CAT or HONA safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is CAT or HONA better value right now?
As of Nov 15, 2026, HONA looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For CAT, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.