Will Caterpillar Raise Its Dividend in 2018?
Heavy-equipment manufacturer Caterpillar (NYSE: CAT) has been one of the greatest success stories in the Dow Jones Industrials in 2017. After enduring a painful multiyear cyclical downturn that saw Caterpillar's customer base have to rein in capital spending dramatically, the equipment maker finally saw an uptick in the industrial economy start to turn the tide. Now, investors have high hopes for Caterpillar, especially if planned infrastructure spending from the federal government leads to a new surge in construction and equipment demand.
Dividend investors have been pleased with Caterpillar's long-term track record in making payouts, but its actions more recently have been less than ideal. Shareholders want more from the company in 2018, but will they get it? Let's look more closely at Caterpillar and whether investors can count on a higher dividend in the coming year.
Metric
Source: Fool.com
Caterpillar Inc. Stock
With 13 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 332 € is below the current price of 332.5 € for Caterpillar Inc., so the potential is actually -0.15%.
