Innovative Technologies Power Caterpillar's (CAT) Dividend Strength

Caterpillar Inc. (NYSE:CAT) is included among the 11 Innovative Dividend Stocks to Buy Now.

Caterpillar Inc. (NYSE:CAT) is an American company known for its expertise in construction, mining, and various types of engineering equipment. In the early 1900s, it introduced the first practical track-type tractor, also known as a crawler, which revolutionized the construction and earthmoving industry by providing better traction and easier handling on rough surfaces.

Caterpillar Inc. (NYSE:CAT)’s widespread global footprint gives it a solid advantage as international infrastructure spending continues to rise. With growing demand for construction equipment around the world and potential benefits from shifting geopolitical dynamics, the company presents a compelling opportunity for investors interested in both income and long-term growth. Its efficient operations, consistent dividend increases, and strong global positioning make it a top pick for those seeking a reliable and forward-looking industrial investment.

Caterpillar Inc. (NYSE:CAT) raised its quarterly dividend by 7% in June. This was the company’s 31st consecutive year of dividend growth. It now pays a quarterly dividend of $1.51 per share for a dividend yield of 1.40%, as of July 28.

While we acknowledge the potential of CAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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