CAT vs SPIWF: Which Is the Better Dividend Stock?
As of July 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SPIWF offers the higher yield at 2.24%, CAT has the higher dividend-safety score, and SPIWF trades at the larger discount to fair value (-15%).
| Metric | CAT | SPIWF |
|---|---|---|
| Forward yield | 0.74% | 2.24% |
| Annual dividend | $6.52 | $1.27 |
| Payout ratio | 30% | 101% |
| Years of growth | 32 yr | 3 yr |
| 5-yr dividend growth | 7.2% | — |
| 5-yr total return | 317% | 195% |
| Dividend safety score | 89 (A) | 45 (D) |
| Fair value estimate | $485.27 | $48.17 |
| Upside to fair value | -45% | -15% |
| Frequency | quarterly | monthly |
| Market cap | $398.1B | $9.6B |
| P/E ratio | 43.9 | 47.7 |
Higher yield
SPIWF
2.24%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
SPIWF
-15% upside
CAT vs SPIWF — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.