Why Caterpillar Inc is a Top 25 SAFE Dividend Stock (CAT)

Caterpillar Inc. (CAT) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 3.8% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

Why Caterpillar Inc is a Top 25 SAFE Dividend Stock (CAT)According to the ETF Finder at ETF Channel, Caterpillar is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.72% of the SPDR S&P Dividend ETF (SDY), which holds $248,999,893 worth of CAT shares.

Caterpillar Inc. made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The annualized dividend paid by Caterpillar Inc. is $3.08 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 07/18/2016.

Below is a long-term dividend history chart for CAT, which the report stressed as being of key importance.


CAT operates in the Construction sector, among companies like Fluor Corporation (FLR), and United Rentals, Inc. (URI).

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Article printed from InvestorPlace Media, https://investorplace.com/2016/08/why-caterpillar-is-a-top-25-safe-dividend-stock-cat/.

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