CAT vs PH: Which Is the Better Dividend Stock?
As of July 2026, PH (Parker-Hannifin Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PH offers the higher yield at 0.84%, PH has the higher dividend-safety score, and CAT trades at the larger discount to fair value (-45%).
| Metric | CAT | PH |
|---|---|---|
| Forward yield | 0.74% | 0.84% |
| Annual dividend | $6.52 | $8.00 |
| Payout ratio | 30% | 27% |
| Years of growth | 32 yr | 9 yr |
| 5-yr dividend growth | 7.2% | 14.8% |
| 5-yr total return | 317% | 221% |
| Dividend safety score | 89 (A) | 97 (A) |
| Fair value estimate | $485.27 | $502.90 |
| Upside to fair value | -45% | -47% |
| Frequency | quarterly | quarterly |
| Market cap | $398.1B | $119.9B |
| P/E ratio | 43.9 | 35.2 |
Higher yield
PH
0.84%
Safer dividend
PH
Grade A
Faster growth
PH
14.8%
Better value
CAT
-45% upside
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