PH vs RTX: Which Is the Better Dividend Stock?
As of Oct 30, 2026, PH (Parker-Hannifin Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. RTX offers the higher yield at 1.49%, PH has the higher dividend-safety score, and PH looks like the better value (its fair-value estimate is 36% below its share price).
Key facts: PH vs RTX
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, RTX Corporation (RTX) has the higher forward dividend yield at 1.49%, versus 0.88% for Parker-Hannifin Corporation (PH).
- As of Oct 30, 2026, SmarterDividends grades PH's dividend safety A (99/100) and RTX's A (96/100).
- By SmarterDividends' count as of Oct 30, 2026, PH has raised its dividend for 9 consecutive years and RTX for 33.
- As of Oct 30, 2026, PH pays out 26% of its earnings as dividends and RTX pays out 46%.
- As of Oct 30, 2026, PH's fair-value estimate is 36% below its share price and RTX's fair-value estimate is 44% below its share price, so PH looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PH vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/ph-vs-rtx
| Metric | PH | RTX |
|---|---|---|
| Forward yield | 0.88% | 1.49% |
| Annual dividend | $8.00 | $2.92 |
| Payout ratio | 26% | 46% |
| Years of growth | 9 yr | 33 yr |
| 5-yr dividend growth | 14.8% | 7.2% |
| 5-yr total return | 198% | 147% |
| Dividend safety score | 99 (A) | 96 (A) |
| Fair value estimate | $598.01 | $112.42 |
| Upside to fair value | -36% | -44% |
| Frequency | quarterly | quarterly |
| Market cap | $117.1B | $269.1B |
| P/E ratio | 32.6 | 32.4 |
Higher yield
RTX
1.49%
Safer dividend
PH
Grade A
Faster growth
PH
14.8%
Better value
PH
-36% upside
PH vs RTX — FAQ
Is PH or RTX a better dividend stock?
On the data, PH wins more head-to-head categories (6 vs 2). RTX offers the higher yield (1.49%), while PH has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, PH or RTX?
RTX has the higher forward dividend yield at 1.49%, versus 0.88% for PH.
Is PH or RTX safer?
PH has the higher dividend-safety score (99/100 vs 96/100), reflecting stronger payout coverage and dividend-growth history.
Is PH or RTX better value right now?
As of Oct 30, 2026, PH looks like the better value: its fair-value estimate is 36% 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.