SmarterDividends

CAT vs SB-PC: Which Is the Better Dividend Stock?

As of Oct 27, 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SB-PC offers the higher yield at 7.77%, CAT has the higher dividend-safety score, and SB-PC looks like the better value (its fair-value estimate is 24% below its share price).

Key facts: CAT vs SB-PC

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Safe Bulkers, Inc. (SB-PC) has the higher forward dividend yield at 7.77%, versus 0.94% for Caterpillar Inc. (CAT).
  • As of Oct 27, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and SB-PC's A (88/100).
  • By SmarterDividends' count as of Oct 27, 2026, CAT has raised its dividend for 32 consecutive years and SB-PC for 0.
  • As of Oct 27, 2026, CAT's fair-value estimate is 45% below its share price and SB-PC's fair-value estimate is 24% below its share price, so SB-PC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CAT vs SB-PC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cat-vs-sb-pc

MetricCATSB-PC
Forward yield0.94%7.77%
Annual dividend$6.52$2.00
Payout ratio26%—
Years of growth32 yr0 yr
5-yr dividend growth7.2%0.0%
5-yr total return255%2%
Dividend safety score92 (A)88 (A)
Fair value estimate$377.48$19.62
Upside to fair value-45%-24%
Frequencyquarterlyquarterly
Market cap$318.2B—
P/E ratio29.817.1

Higher yield

SB-PC

7.77%

Safer dividend

CAT

Grade A

Faster growth

CAT

7.2%

Better value

SB-PC

-24% upside

CAT vs SB-PC — FAQ

Is CAT or SB-PC a better dividend stock?

On the data, CAT wins more head-to-head categories (5 vs 2). SB-PC offers the higher yield (7.77%), 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 SB-PC?

SB-PC has the higher forward dividend yield at 7.77%, versus 0.94% for CAT.

Is CAT or SB-PC safer?

CAT has the higher dividend-safety score (92/100 vs 88/100), reflecting stronger payout coverage and dividend-growth history.

Is CAT or SB-PC better value right now?

As of Oct 27, 2026, SB-PC looks like the better value: its fair-value estimate is 24% below its share price (overvalued). For CAT, its fair-value estimate is 45% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.