KMT vs RTX: Which Is the Better Dividend Stock?
As of Oct 18, 2026, KMT and RTX are closely matched. KMT offers the higher yield at 2.60%, KMT has the higher dividend-safety score, and KMT looks like the better value (its fair-value estimate is 20% below its share price).
Key facts: KMT vs RTX
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Kennametal Inc. (KMT) has the higher forward dividend yield at 2.60%, versus 1.51% for RTX Corporation (RTX).
- As of Oct 18, 2026, SmarterDividends grades KMT's dividend safety A (98/100) and RTX's A (97/100).
- By SmarterDividends' count as of Oct 18, 2026, KMT has raised its dividend for 0 consecutive years and RTX for 33.
- As of Oct 18, 2026, KMT pays out 18% of its earnings as dividends and RTX pays out 49%.
- As of Oct 18, 2026, KMT's fair-value estimate is 20% below its share price and RTX's fair-value estimate is 44% below its share price, so KMT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KMT vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/kmt-vs-rtx
| Metric | KMT | RTX |
|---|---|---|
| Forward yield | 2.60% | 1.51% |
| Annual dividend | $0.80 | $2.92 |
| Payout ratio | 18% | 49% |
| Years of growth | 0 yr | 33 yr |
| 5-yr dividend growth | 0.0% | 7.2% |
| 5-yr total return | -13% | 140% |
| Dividend safety score | 98 (A) | 97 (A) |
| Fair value estimate | $24.60 | $108.41 |
| Upside to fair value | -20% | -44% |
| Frequency | quarterly | quarterly |
| Market cap | $2.4B | $261.4B |
| P/E ratio | 7.0 | 34.1 |
Higher yield
KMT
2.60%
Safer dividend
KMT
Grade A
Faster growth
RTX
7.2%
Better value
KMT
-20% upside
KMT vs RTX — FAQ
Is KMT or RTX a better dividend stock?
KMT and RTX are closely matched. KMT has the higher yield; KMT scores better on safety.
Which has a higher dividend yield, KMT or RTX?
KMT has the higher forward dividend yield at 2.60%, versus 1.51% for RTX.
Is KMT or RTX safer?
KMT has the higher dividend-safety score (98/100 vs 97/100), reflecting stronger payout coverage and dividend-growth history.
Is KMT or RTX better value right now?
As of Oct 18, 2026, KMT looks like the better value: its fair-value estimate is 20% below its share price (overvalued). 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.


