SmarterDividends

MWA vs RTX: Which Is the Better Dividend Stock?

As of Oct 18, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. RTX offers the higher yield at 1.51%, RTX has the higher dividend-safety score, and MWA looks like the better value (its fair-value estimate is 30% above its share price).

Key facts: MWA vs RTX

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, RTX Corporation (RTX) has the higher forward dividend yield at 1.51%, versus 1.29% for Mueller Water Products, Inc. (MWA).
  • As of Oct 18, 2026, SmarterDividends grades MWA's dividend safety A (95/100) and RTX's A (97/100).
  • By SmarterDividends' count as of Oct 18, 2026, MWA has raised its dividend for 11 consecutive years and RTX for 33.
  • As of Oct 18, 2026, MWA pays out 20% of its earnings as dividends and RTX pays out 49%.
  • As of Oct 18, 2026, MWA's fair-value estimate is 30% above its share price and RTX's fair-value estimate is 44% below its share price, so MWA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricMWARTX
Forward yield1.29%1.51%
Annual dividend$0.28$2.92
Payout ratio20%49%
Years of growth11 yr33 yr
5-yr dividend growth4.8%7.2%
5-yr total return60%140%
Dividend safety score95 (A)97 (A)
Fair value estimate$28.31$108.41
Upside to fair value+30%-44%
Frequencyquarterlyquarterly
Market cap$3.4B$261.4B
P/E ratio15.334.1

Higher yield

RTX

1.51%

Safer dividend

RTX

Grade A

Faster growth

RTX

7.2%

Better value

MWA

+30% upside

MWA vs RTX — FAQ

Is MWA or RTX a better dividend stock?

On the data, RTX wins more head-to-head categories (6 vs 2). RTX offers the higher yield (1.51%), 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, MWA or RTX?

RTX has the higher forward dividend yield at 1.51%, versus 1.29% for MWA.

Is MWA or RTX safer?

RTX has the higher dividend-safety score (97/100 vs 95/100), reflecting stronger payout coverage and dividend-growth history.

Is MWA or RTX better value right now?

As of Oct 18, 2026, MWA looks like the better value: its fair-value estimate is 30% 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.