CAT vs LNN: 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. LNN offers the higher yield at 1.42%, LNN has the higher dividend-safety score, and LNN looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: CAT vs LNN
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Lindsay Corporation (LNN) has the higher forward dividend yield at 1.42%, versus 0.89% for Caterpillar Inc. (CAT).
- As of Oct 18, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and LNN's A (95/100).
- By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and LNN for 23.
- As of Oct 18, 2026, CAT pays out 26% of its earnings as dividends and LNN pays out 28%.
- As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and LNN's fair-value estimate is 43% above its share price, so LNN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs LNN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cat-vs-lnn
| Metric | CAT | LNN |
|---|---|---|
| Forward yield | 0.89% | 1.42% |
| Annual dividend | $6.52 | $1.52 |
| Payout ratio | 26% | 28% |
| Years of growth | 32 yr | 23 yr |
| 5-yr dividend growth | 7.2% | 2.8% |
| 5-yr total return | 278% | -26% |
| Dividend safety score | 92 (A) | 95 (A) |
| Fair value estimate | $377.48 | $153.99 |
| Upside to fair value | -48% | +43% |
| Frequency | quarterly | quarterly |
| Market cap | $335.9B | $1.1B |
| P/E ratio | 31.5 | 20.6 |
Higher yield
LNN
1.42%
Safer dividend
LNN
Grade A
Faster growth
CAT
7.2%
Better value
LNN
+43% upside
CAT vs LNN — FAQ
Is CAT or LNN a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 3). LNN offers the higher yield (1.42%), while LNN 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 LNN?
LNN has the higher forward dividend yield at 1.42%, versus 0.89% for CAT.
Is CAT or LNN safer?
LNN has the higher dividend-safety score (95/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or LNN better value right now?
As of Oct 18, 2026, LNN looks like the better value: its fair-value estimate is 43% above its share price (undervalued). For CAT, its fair-value estimate is 48% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.