CAT vs PBI: Which Is the Better Dividend Stock?
As of Oct 29, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PBI offers the higher yield at 2.31%, CAT has the higher dividend-safety score, and PBI looks like the better value (its fair-value estimate is 22% below its share price).
Key facts: CAT vs PBI
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Pitney Bowes Inc. (PBI) has the higher forward dividend yield at 2.31%, versus 0.91% for Caterpillar Inc. (CAT).
- As of Oct 29, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and PBI's B (79/100).
- By SmarterDividends' count as of Oct 29, 2026, CAT has raised its dividend for 32 consecutive years and PBI for 1.
- As of Oct 29, 2026, CAT pays out 26% of its earnings as dividends and PBI pays out 29%.
- As of Oct 29, 2026, CAT's fair-value estimate is 47% below its share price and PBI's fair-value estimate is 22% below its share price, so PBI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs PBI: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/cat-vs-pbi
| Metric | CAT | PBI |
|---|---|---|
| Forward yield | 0.91% | 2.31% |
| Annual dividend | $6.52 | $0.40 |
| Payout ratio | 26% | 29% |
| Years of growth | 32 yr | 1 yr |
| 5-yr dividend growth | 7.2% | 8.4% |
| 5-yr total return | 255% | 154% |
| Dividend safety score | 92 (A) | 79 (B) |
| Fair value estimate | $377.48 | $13.64 |
| Upside to fair value | -47% | -22% |
| Frequency | quarterly | quarterly |
| Market cap | $327.9B | $2.4B |
| P/E ratio | 30.7 | 14.2 |
Higher yield
PBI
2.31%
Safer dividend
CAT
Grade A
Faster growth
PBI
8.4%
Better value
PBI
-22% upside
CAT vs PBI — FAQ
Is CAT or PBI a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 3). PBI offers the higher yield (2.31%), 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 PBI?
PBI has the higher forward dividend yield at 2.31%, versus 0.91% for CAT.
Is CAT or PBI safer?
CAT has the higher dividend-safety score (92/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or PBI better value right now?
As of Oct 29, 2026, PBI looks like the better value: its fair-value estimate is 22% below its share price (overvalued). For CAT, its fair-value estimate is 47% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.