5 Best Dividend Stocks With Over 10 Years of Dividend Increases

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1. Caterpillar Inc. (NYSE:CAT)

Construction equipment giant Caterpillar Inc. (NYSE:CAT) is one of those stocks that offer consistent dividend payments as well as stock appreciation prospects. The company has upped its dividend payouts consistently for the last 28 years. Caterpillar’s dividend yield is about 2.1% as of November 5. The stock is up 10% year to date. Caterpillar Inc. (NYSE:CAT) recently said that its earnings in the third quarter reached a record, thanks to the increasing demand for its earth-moving equipment and strong pricing power.

As of the end of the second quarter, 45 hedge funds tracked by Insider Monkey reported having stakes in Caterpillar, compared to 54 in the previous quarter.

You can also take a look at 12 Best Hemp Stocks To Buy and 11 Best Cruise Stocks To Buy

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