CAT vs SB-PD: 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-PD offers the higher yield at 7.84%, CAT has the higher dividend-safety score, and SB-PD looks like the better value (its fair-value estimate is 23% below its share price).
Key facts: CAT vs SB-PD
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Safe Bulkers, Inc. (SB-PD) has the higher forward dividend yield at 7.84%, versus 0.94% for Caterpillar Inc. (CAT).
- As of Oct 27, 2026, SmarterDividends grades CAT's dividend safety A (92/100) and SB-PD's A (88/100).
- By SmarterDividends' count as of Oct 27, 2026, CAT has raised its dividend for 32 consecutive years and SB-PD for 0.
- As of Oct 27, 2026, CAT's fair-value estimate is 45% below its share price and SB-PD's fair-value estimate is 23% below its share price, so SB-PD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs SB-PD: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cat-vs-sb-pd
| Metric | CAT | SB-PD |
|---|---|---|
| Forward yield | 0.94% | 7.84% |
| Annual dividend | $6.52 | $2.00 |
| Payout ratio | 26% | — |
| Years of growth | 32 yr | 0 yr |
| 5-yr dividend growth | 7.2% | 0.0% |
| 5-yr total return | 255% | 1% |
| Dividend safety score | 92 (A) | 88 (A) |
| Fair value estimate | $377.48 | $19.62 |
| Upside to fair value | -45% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $318.2B | — |
| P/E ratio | 29.8 | 16.9 |
Higher yield
SB-PD
7.84%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
SB-PD
-23% upside
CAT vs SB-PD — FAQ
Is CAT or SB-PD a better dividend stock?
On the data, CAT wins more head-to-head categories (5 vs 2). SB-PD offers the higher yield (7.84%), 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-PD?
SB-PD has the higher forward dividend yield at 7.84%, versus 0.94% for CAT.
Is CAT or SB-PD 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-PD better value right now?
As of Oct 27, 2026, SB-PD looks like the better value: its fair-value estimate is 23% below its share price (overvalued). For CAT, its fair-value estimate is 45% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.