Passive income investors could be surprised at the prospects for Caterpillar stock.
Caterpillar (CAT 2.06%) has excellent near-term prospects as fiscal spending has soared since the pandemic. This video will answer if Caterpillar is an excellent dividend stock to buy for passive income investors.
*Stock prices used were the afternoon prices of Feb. 17, 2023. The video was published on Feb. 20, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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