CAT vs RTX: Which Is the Better Dividend Stock?
As of Nov 2, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RTX offers the higher yield at 1.46%, RTX has the higher dividend-safety score, and CAT looks like the better value (its fair-value estimate is 36% below its share price).
Key facts: CAT vs RTX
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, RTX Corporation (RTX) has the higher forward dividend yield at 1.46%, versus 1.05% for Caterpillar Inc. (CAT).
- As of Nov 2, 2026, SmarterDividends grades CAT's dividend safety A (91/100) and RTX's A (96/100).
- By SmarterDividends' count as of Nov 2, 2026, CAT has raised its dividend for 32 consecutive years and RTX for 33.
- As of Nov 2, 2026, CAT pays out 26% of its earnings as dividends and RTX pays out 46%.
- As of Nov 2, 2026, CAT's fair-value estimate is 36% below its share price and RTX's fair-value estimate is 44% below its share price, so CAT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs RTX: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/cat-vs-rtx
| Metric | CAT | RTX |
|---|---|---|
| Forward yield | 1.05% | 1.46% |
| Annual dividend | $6.52 | $2.92 |
| Payout ratio | 26% | 46% |
| Years of growth | 32 yr | 33 yr |
| 5-yr dividend growth | 7.2% | 7.2% |
| 5-yr total return | 222% | 147% |
| Dividend safety score | 91 (A) | 96 (A) |
| Fair value estimate | $400.01 | $112.86 |
| Upside to fair value | -36% | -44% |
| Frequency | quarterly | quarterly |
| Market cap | $286.3B | $269.6B |
| P/E ratio | 24.4 | 32.5 |
Higher yield
RTX
1.46%
Safer dividend
RTX
Grade A
Faster growth
CAT
7.2%
Better value
CAT
-36% upside
CAT vs RTX — FAQ
Is CAT or RTX a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 3). RTX offers the higher yield (1.46%), while RTX 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 RTX?
RTX has the higher forward dividend yield at 1.46%, versus 1.05% for CAT.
Is CAT or RTX safer?
RTX has the higher dividend-safety score (96/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.
Is CAT or RTX better value right now?
As of Nov 2, 2026, CAT looks like the better value: its fair-value estimate is 36% below its share price (overvalued). For RTX, its fair-value estimate is 44% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.