CAT vs TPC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CAT and TPC are closely matched. CAT offers the higher yield at 0.89%, CAT has the higher dividend-safety score, and TPC looks like the better value (its fair-value estimate is 55% above its share price).
Key facts: CAT vs TPC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Caterpillar Inc. (CAT) has the higher forward dividend yield at 0.89%, versus 0.46% for Tutor Perini Corporation (TPC).
- By SmarterDividends' count as of Oct 18, 2026, CAT has raised its dividend for 32 consecutive years and TPC for 0.
- As of Oct 18, 2026, CAT pays out 26% of its earnings as dividends and TPC pays out 8%.
- As of Oct 18, 2026, CAT's fair-value estimate is 48% below its share price and TPC's fair-value estimate is 55% above its share price, so TPC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CAT vs TPC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cat-vs-tpc
| Metric | CAT | TPC |
|---|---|---|
| Forward yield | 0.89% | 0.46% |
| Annual dividend | $6.52 | $0.36 |
| Payout ratio | 26% | 8% |
| Years of growth | 32 yr | 0 yr |
| 5-yr dividend growth | 7.2% | — |
| 5-yr total return | 278% | 504% |
| Dividend safety score | 92 (A) | — |
| Fair value estimate | $377.48 | $120.63 |
| Upside to fair value | -48% | +55% |
| Frequency | quarterly | quarterly |
| Market cap | $335.9B | $4.1B |
| P/E ratio | 31.5 | 33.5 |
Higher yield
CAT
0.89%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
TPC
+55% upside
CAT vs TPC — FAQ
Is CAT or TPC a better dividend stock?
CAT and TPC are closely matched. CAT has the higher yield; CAT scores better on safety.
Which has a higher dividend yield, CAT or TPC?
CAT has the higher forward dividend yield at 0.89%, versus 0.46% for TPC.
Is CAT or TPC safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is CAT or TPC better value right now?
As of Oct 18, 2026, TPC looks like the better value: its fair-value estimate is 55% above its share price (undervalued). For CAT, its fair-value estimate is 48% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.