SmarterDividends

NL vs RTX: Which Is the Better Dividend Stock?

As of Oct 27, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NL offers the higher yield at 6.02%, RTX has the higher dividend-safety score, and NL looks like the better value (its fair-value estimate is 41% above its share price).

Key facts: NL vs RTX

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, NLI Holdings, Inc. (NL) has the higher forward dividend yield at 6.02%, versus 1.48% for RTX Corporation (RTX).
  • As of Oct 27, 2026, SmarterDividends grades NL's dividend safety C (60/100) and RTX's A (96/100).
  • By SmarterDividends' count as of Oct 27, 2026, NL has raised its dividend for 2 consecutive years and RTX for 33.
  • As of Oct 27, 2026, NL pays out 175% of its earnings as dividends and RTX pays out 46%.
  • As of Oct 27, 2026, NL's fair-value estimate is 41% above its share price and RTX's fair-value estimate is 43% below its share price, so NL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NL vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/nl-vs-rtx

MetricNLRTX
Forward yield6.02%1.48%
Annual dividend$0.40$2.92
Payout ratio175%46%
Years of growth2 yr33 yr
5-yr dividend growth17.6%7.2%
5-yr total return9%136%
Dividend safety score60 (C)96 (A)
Fair value estimate$9.35$112.42
Upside to fair value+41%-43%
Frequencyquarterlyquarterly
Market cap$325.2M$266.5B
P/E ratio—32.1

Higher yield

NL

6.02%

Safer dividend

RTX

Grade A

Faster growth

NL

17.6%

Better value

NL

+41% upside

NL vs RTX — FAQ

Is NL or RTX a better dividend stock?

On the data, RTX wins more head-to-head categories (5 vs 3). NL offers the higher yield (6.02%), 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, NL or RTX?

NL has the higher forward dividend yield at 6.02%, versus 1.48% for RTX.

Is NL or RTX safer?

RTX has the higher dividend-safety score (96/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.

Is NL or RTX better value right now?

As of Oct 27, 2026, NL looks like the better value: its fair-value estimate is 41% above its share price (undervalued). For RTX, its fair-value estimate is 43% below its share price.

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