CAT vs CP: Which Is the Better Dividend Stock?
As of September 2026, CAT (Caterpillar Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CP offers the higher yield at 0.83%, CAT has the higher dividend-safety score, and CP trades at the larger discount to fair value (+13%).
| Metric | CAT | CP |
|---|---|---|
| Forward yield | 0.80% | 0.83% |
| Annual dividend | $6.52 | $0.76 |
| Payout ratio | 26% | 22% |
| Years of growth | 32 yr | 1 yr |
| 5-yr dividend growth | 7.2% | 3.2% |
| 5-yr total return | 324% | 41% |
| Dividend safety score | 92 (A) | 67 (B) |
| Fair value estimate | $487.98 | $103.48 |
| Upside to fair value | -40% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $374.1B | $80.5B |
| P/E ratio | 35.1 | 29.5 |
Higher yield
CP
0.83%
Safer dividend
CAT
Grade A
Faster growth
CAT
7.2%
Better value
CP
+13% upside
CAT vs CP — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.