– Weekly Cash Flow Strategy –
FEB / MAY / AUG / NOV
4th week – Caterpillar Inc. (CAT) / $196.82
Forward Dividend & Yield 4.44 (2.26%)
Ex–Dividend Date July 19, 2021
Dividend Payout – 1.11
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel–electric locomotives worldwide. The company's resource industries segment provides electric–rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, track–type tractors, and mining trucks.
The transportation segment offers reciprocating engine powered generator sets; reciprocating engines and integrated systems for the power generation.
The company also offers financial products providing finance leases, installment sale contracts, and working capital loans.
Caterpillar is what's known as a cyclical stock, and you can see that its business continues to operate in cycles. It may be one to watch closely, paying a premium for companies that aren't growing and that are dependent on commodities can be extremely risky.
Remember Growth Stocks are companies that increase their revenue and earnings faster than the average business in their industry or market as a whole.
Businesses that can grow faster than average for long periods tend to be rewarded by the market, delivering handsome returns to shareholders in the process.
Growth stock investing , involves more than picking stocks that are going up. Unlike Value Stocks, high–growth stocks are more likely to be more expensive than the average stock in terms of metrics like; price–to–earnings, priceto– sales.