SmarterDividends

CAT vs HQI: Which Is the Better Dividend Stock?

As of Oct 18, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HQI offers the higher yield at 1.34%, CAT has the higher dividend-safety score, and HQI looks like the better value (its fair-value estimate is 43% below its share price).

Key facts: CAT vs HQI

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, HireQuest, Inc. (HQI) has the higher forward dividend yield at 1.34%, versus 0.89% for Caterpillar Inc. (CAT).
  • As of Oct 18, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and HQI's A (80/100).
  • By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and HQI for 0.
  • As of Oct 18, 2026, CAT pays out 26% of its earnings as dividends and HQI pays out 40%.
  • As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and HQI's fair-value estimate is 43% below its share price, so HQI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricCATHQI
Forward yield0.89%1.34%
Annual dividend$6.52$0.24
Payout ratio26%40%
Years of growth32 yr0 yr
5-yr dividend growth7.2%3.7%
5-yr total return278%-22%
Dividend safety score92 (A)80 (A)
Fair value estimate$377.48$10.11
Upside to fair value-48%-43%
Frequencyquarterlyquarterly
Market cap$335.9B$248.5M
P/E ratio31.529.8

Higher yield

HQI

1.34%

Safer dividend

CAT

Grade A

Faster growth

CAT

7.2%

Better value

HQI

-43% upside

CAT vs HQI — FAQ

Is CAT or HQI a better dividend stock?

On the data, CAT wins more head-to-head categories (6 vs 2). HQI offers the higher yield (1.34%), 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 HQI?

HQI has the higher forward dividend yield at 1.34%, versus 0.89% for CAT.

Is CAT or HQI safer?

CAT has the higher dividend-safety score (92/100 vs 80/100), reflecting stronger payout coverage and dividend-growth history.

Is CAT or HQI better value right now?

As of Oct 18, 2026, HQI looks like the better value: its fair-value estimate is 43% 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.