CAT vs WM: Which Is the Better Dividend Stock?
As of September 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WM offers the higher yield at 1.79%, CAT has the higher dividend-safety score, and WM trades at the larger discount to fair value (-38%).
| Metric | CAT | WM |
|---|---|---|
| Forward yield | 0.81% | 1.79% |
| Annual dividend | $6.52 | $3.78 |
| Payout ratio | 26% | 50% |
| Years of growth | 32 yr | 22 yr |
| 5-yr dividend growth | 7.2% | 8.6% |
| 5-yr total return | 297% | 32% |
| Dividend safety score | 92 (A) | 87 (A) |
| Fair value estimate | $492.78 | $131.65 |
| Upside to fair value | -39% | -38% |
| Frequency | quarterly | quarterly |
| Market cap | $371.9B | $84.4B |
| P/E ratio | 34.8 | 29.9 |
Higher yield
WM
1.79%
Safer dividend
CAT
Grade A
Faster growth
WM
8.6%
Better value
WM
-38% upside
CAT vs WM — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.