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.

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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+Dividend+History+Chart

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

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