CP vs RTX: Which Is the Better Dividend Stock?
As of Oct 23, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. RTX offers the higher yield at 1.50%, RTX has the higher dividend-safety score, and CP looks like the better value (its fair-value estimate is 10% below its share price).
Key facts: CP vs RTX
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, RTX Corporation (RTX) has the higher forward dividend yield at 1.50%, versus 0.84% for Canadian Pacific Kansas City Limited (CP).
- As of Oct 23, 2026, SmarterDividends grades CP's dividend safety B (69/100) and RTX's A (96/100).
- By SmarterDividends' count as of Oct 23, 2026, CP has raised its dividend for 1 consecutive years and RTX for 33.
- As of Oct 23, 2026, CP pays out 22% of its earnings as dividends and RTX pays out 46%.
- As of Oct 23, 2026, CP's fair-value estimate is 10% below its share price and RTX's fair-value estimate is 44% below its share price, so CP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CP vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/cp-vs-rtx
| Metric | CP | RTX |
|---|---|---|
| Forward yield | 0.84% | 1.50% |
| Annual dividend | $0.76 | $2.92 |
| Payout ratio | 22% | 46% |
| Years of growth | 1 yr | 33 yr |
| 5-yr dividend growth | 3.2% | 7.2% |
| 5-yr total return | 28% | 136% |
| Dividend safety score | 69 (B) | 96 (A) |
| Fair value estimate | $81.25 | $108.41 |
| Upside to fair value | -10% | -44% |
| Frequency | quarterly | quarterly |
| Market cap | $79.7B | $262.4B |
| P/E ratio | 29.1 | 31.7 |
Higher yield
RTX
1.50%
Safer dividend
RTX
Grade A
Faster growth
RTX
7.2%
Better value
CP
-10% upside
CP vs RTX — FAQ
Is CP or RTX a better dividend stock?
On the data, RTX wins more head-to-head categories (6 vs 2). RTX offers the higher yield (1.50%), 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, CP or RTX?
RTX has the higher forward dividend yield at 1.50%, versus 0.84% for CP.
Is CP or RTX safer?
RTX has the higher dividend-safety score (96/100 vs 69/100), reflecting stronger payout coverage and dividend-growth history.
Is CP or RTX better value right now?
As of Oct 23, 2026, CP looks like the better value: its fair-value estimate is 10% below its share price (fairly valued). For RTX, 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.