CMI vs RTX: Which Is the Better Dividend Stock?
As of Oct 25, 2026, CMI (Cummins Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CMI offers the higher yield at 1.70%, RTX has the higher dividend-safety score, and RTX looks like the better value (its fair-value estimate is 41% below its share price).
Key facts: CMI vs RTX
Data as of · Source: SmarterDividends data
- As of Oct 25, 2026, Cummins Inc. (CMI) has the higher forward dividend yield at 1.70%, versus 1.53% for RTX Corporation (RTX).
- As of Oct 25, 2026, SmarterDividends grades CMI's dividend safety A (92/100) and RTX's A (96/100).
- By SmarterDividends' count as of Oct 25, 2026, CMI has raised its dividend for 20 consecutive years and RTX for 33.
- As of Oct 25, 2026, CMI pays out 41% of its earnings as dividends and RTX pays out 46%.
- As of Oct 25, 2026, CMI's fair-value estimate is 44% below its share price and RTX's fair-value estimate is 41% below its share price, so RTX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CMI vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 25, 2026, https://smarterdividends.com/compare/cmi-vs-rtx
| Metric | CMI | RTX |
|---|---|---|
| Forward yield | 1.70% | 1.53% |
| Annual dividend | $8.80 | $2.92 |
| Payout ratio | 41% | 46% |
| Years of growth | 20 yr | 33 yr |
| 5-yr dividend growth | 7.7% | 7.2% |
| 5-yr total return | 147% | 136% |
| Dividend safety score | 92 (A) | 96 (A) |
| Fair value estimate | $290.82 | $112.42 |
| Upside to fair value | -44% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $71.4B | $257.8B |
| P/E ratio | 26.4 | 31.1 |
Higher yield
CMI
1.70%
Safer dividend
RTX
Grade A
Faster growth
CMI
7.7%
Better value
RTX
-41% upside
CMI vs RTX — FAQ
Is CMI or RTX a better dividend stock?
On the data, CMI wins more head-to-head categories (5 vs 3). CMI offers the higher yield (1.70%), while RTX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CMI or RTX?
CMI has the higher forward dividend yield at 1.70%, versus 1.53% for RTX.
Is CMI or RTX safer?
RTX has the higher dividend-safety score (96/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is CMI or RTX better value right now?
As of Oct 25, 2026, RTX looks like the better value: its fair-value estimate is 41% below its share price (overvalued). For CMI, its fair-value estimate is 44% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.