Reported about 8 hours ago
Caterpillar Inc. (NYSE:CAT), the largest construction equipment manufacturer globally, remains a prominent choice among dividend stocks due to its long-standing record of dividend growth, having increased payouts for 31 consecutive years. As a cyclical stock, its revenue fluctuates with the economy, but the company is expanding its services and capitalizing on the growing demand for data center energy solutions, positioning itself to meet surging electricity needs driven by AI and cloud computing.
Source: YAHOO