3 Top Dividend Stocks in Infrastructure Spending
President Donald Trump has proposed that the United States invest $1 trillion in infrastructure over the next decade, which would help fix our roads and bridges, as well as enable many other long-awaited projects to come to fruition. If infrastructure spending does indeed rise to the level Trump is pushing for, there are many publicly traded companies that could benefit tremendously.
Unfortunately, some of the stocks that I feel are the best ways to play infrastructure spending don't pay any dividends, such as United Rentals or Cliffs Natural Resources. Others, such as Martin Marietta Materials and Vulcan Materials, pay dividends but have yields of less than 1%. On the other hand, several of the best infrastructure stocks are great choices for income-seeking investors. With that in mind, here are three top dividend-paying stocks that could be major beneficiaries of an infrastructure spending plan.
Company
Source: Fool.com
Caterpillar Inc. Stock
We see a rather positive sentiment for Caterpillar Inc. with 14 Buy predictions and 2 Sell predictions.
However, we have a potential of -0.31% for Caterpillar Inc. as the target price of 317 € is below the current price of 318.0 €.
