2024-05-17 23:44:24 ET
Summary
- Caterpillar has outperformed the S&P 500 with a ten-year total return of over 330%.
- The company's stock price has diverged from economic indicators, indicating resilience in the face of weakness.
- Caterpillar reported strong earnings, deployed record amounts for share repurchases and dividends, and has a favorable dividend scorecard.
Introduction
It's time to talk about Caterpillar ( CAT ) , which is one of my most successful dividend (growth) investments.
Excluding dividends, I'm currently up roughly 170% on my investment, which I initiated after the pandemic to add inflation protection to my portfolio....
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For further details see:
Caterpillar: The Dividend Aristocrat With A Growth Engine, A One-Stop Shop