SmarterDividends

DLB vs RTX: Which Is the Better Dividend Stock?

As of Oct 18, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DLB offers the higher yield at 2.40%, RTX has the higher dividend-safety score, and DLB looks like the better value (its fair-value estimate is 41% above its share price).

Key facts: DLB vs RTX

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Dolby Laboratories, Inc. (DLB) has the higher forward dividend yield at 2.40%, versus 1.51% for RTX Corporation (RTX).
  • As of Oct 18, 2026, SmarterDividends grades DLB's dividend safety B (79/100) and RTX's A (97/100).
  • By SmarterDividends' count as of Oct 18, 2026, DLB has raised its dividend for 11 consecutive years and RTX for 33.
  • As of Oct 18, 2026, DLB pays out 60% of its earnings as dividends and RTX pays out 49%.
  • As of Oct 18, 2026, DLB's fair-value estimate is 41% above its share price and RTX's fair-value estimate is 44% below its share price, so DLB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DLB vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/dlb-vs-rtx

MetricDLBRTX
Forward yield2.40%1.51%
Annual dividend$1.44$2.92
Payout ratio60%49%
Years of growth11 yr33 yr
5-yr dividend growth8.9%7.2%
5-yr total return-28%140%
Dividend safety score79 (B)97 (A)
Fair value estimate$84.65$108.41
Upside to fair value+41%-44%
Frequencyquarterlyquarterly
Market cap$5.6B$261.4B
P/E ratio25.534.1

Higher yield

DLB

2.40%

Safer dividend

RTX

Grade A

Faster growth

DLB

8.9%

Better value

DLB

+41% upside

DLB vs RTX — FAQ

Is DLB or RTX a better dividend stock?

On the data, RTX wins more head-to-head categories (5 vs 3). DLB offers the higher yield (2.40%), 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, DLB or RTX?

DLB has the higher forward dividend yield at 2.40%, versus 1.51% for RTX.

Is DLB or RTX safer?

RTX has the higher dividend-safety score (97/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.

Is DLB or RTX better value right now?

As of Oct 18, 2026, DLB looks like the better value: its fair-value estimate is 41% above its share price (undervalued). For RTX, its fair-value estimate is 44% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.