CAT vs HY: Which Is the Better Dividend Stock?
As of August 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HY offers the higher yield at 4.27%, CAT has the higher dividend-safety score, and HY trades at the larger discount to fair value (+103%).
| Metric | CAT | HY |
|---|---|---|
| Forward yield | 0.80% | 4.27% |
| Annual dividend | $6.52 | $1.45 |
| Payout ratio | 26% | 1014% |
| Years of growth | 32 yr | 12 yr |
| 5-yr dividend growth | 7.2% | 2.4% |
| 5-yr total return | 317% | -32% |
| Dividend safety score | 92 (A) | 77 (B) |
| Fair value estimate | $480.32 | $69.00 |
| Upside to fair value | -40% | +103% |
| Frequency | quarterly | quarterly |
| Market cap | $367.9B | $609.1M |
| P/E ratio | 34.5 | — |
Higher yield
HY
4.27%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
HY
+103% upside
CAT vs HY — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.