This great industrial dividend stock maintains a steady dividend even in the worst of times
Dividend stocks and the resulting passive income are undoubtedly very interesting for investors. But there is a big risk involved - because no one can guarantee that a dividend stock will pay out forever. But history can tell us a lot, and if a payout is as stable as it is for our company today, there's a good chance it will continue to be.

I'm talking about Caterpillar $CAT. One of the industry's best-known giants.
Caterpillar is one of the world's largest manufacturers of heavy equipment, engines and industrial equipment. The company is highly trusted by customers around the world for its quality products and its ability to meet the specific needs of customers in various industries.
It manufactures a wide range of products including dozers, loaders, motor generators, pumps, motors and power generation equipment. Its machines are mainly used in construction, mining, agriculture and industry. Caterpillar…
I know the company but I don't have it in my portfolio, I guess I missed the price a bit. Overall though, I don't really like cyclical stocks and there is a lot of dependence on the economy and construction here.
I'm very annoyed that I missed out on buying it now when it was around $200. I was late to notice it, when their machines are really everywhere. I don't know if I'd buy it now, if it dropped any further I wouldn't hesitate. 😊
Looks like a solid run to a new peak. The company is in great shape. Can't go wrong with a purchase here😊
Valuation is still great at the moment 👌