Will Caterpillar Raise Its Dividend in 2020?
Caterpillar (NYSE: CAT) has been a conundrum for investors over the past couple of years. On one hand, the company's stock price has essentially gone nowhere since the end of 2017, as the heavy equipment specialist has had to deal with sluggish macroeconomic conditions around the world that have eaten into its potential for growth. Moreover, with commodity prices in key areas like energy weighing on some of its target markets, Caterpillar hasn't had a great industry environment in which to try to restart its growth engines.
From a dividend standpoint, though, Caterpillar has never looked stronger. With more than a quarter century of annual dividend increases and hefty hikes recently, shareholders are getting spoiled by the industrial company. Going into 2020, some wonder if the party will have to end at some point. Here, we'll look more closely at Caterpillar's dividend strength and whether it will continue.
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Source Fool.com
