HON vs RTX: Which Is the Better Dividend Stock?
As of Nov 5, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. RTX offers the higher yield at 1.47%, HON has the higher dividend-safety score, and HON looks like the better value (its fair-value estimate is 54% above its share price).
Key facts: HON vs RTX
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, RTX Corporation (RTX) has the higher forward dividend yield at 1.47%, versus 1.23% for Honeywell International Inc. (HON).
- As of Nov 5, 2026, SmarterDividends grades HON's dividend safety A (96/100) and RTX's A (96/100).
- By SmarterDividends' count as of Nov 5, 2026, HON has raised its dividend for 15 consecutive years and RTX for 33.
- As of Nov 5, 2026, HON pays out 39% of its earnings as dividends and RTX pays out 46%.
- As of Nov 5, 2026, HON's fair-value estimate is 54% above its share price and RTX's fair-value estimate is 43% below its share price, so HON looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HON vs RTX: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hon-vs-rtx
| Metric | HON | RTX |
|---|---|---|
| Forward yield | 1.23% | 1.47% |
| Annual dividend | $2.80 | $2.92 |
| Payout ratio | 39% | 46% |
| Years of growth | 15 yr | 33 yr |
| 5-yr dividend growth | 5.1% | 7.2% |
| 5-yr total return | 9% | 147% |
| Dividend safety score | 96 (A) | 96 (A) |
| Fair value estimate | $339.54 | $112.86 |
| Upside to fair value | +54% | -43% |
| Frequency | quarterly | quarterly |
| Market cap | $69.9B | $264.9B |
| P/E ratio | 10.9 | 31.9 |
Higher yield
RTX
1.47%
Safer dividend
HON
Grade A
Faster growth
RTX
7.2%
Better value
HON
+54% upside
HON vs RTX — FAQ
Is HON or RTX a better dividend stock?
On the data, RTX wins more head-to-head categories (5 vs 2). RTX offers the higher yield (1.47%), while HON has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HON or RTX?
RTX has the higher forward dividend yield at 1.47%, versus 1.23% for HON.
Is HON or RTX safer?
HON has the higher dividend-safety score (96/100 vs 96/100), reflecting stronger payout coverage and dividend-growth history.
Is HON or RTX better value right now?
As of Nov 5, 2026, HON looks like the better value: its fair-value estimate is 54% above its share price (undervalued). For RTX, its fair-value estimate is 43% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.