Better Dividend Stock to Buy? Caterpillar Stock or Cummins Stock

By Parkev Tatevosian, CFA – Sep 27, 2023 at 9:39AM

NYSE: CAT

Caterpillar

Market Cap

$165B

Today's Change

(-1.05%) -$3.50

Current Price

$331.07

Price as of May 1, 2024, 4:00 p.m. ET

Investing in dividend stocks can help you increase your wealth in the long run.

Fool.com contributor and Parkev Tatevosian pits together Caterpillar (CAT -1.05%) and Cummins (CMI 0.49%) to help passive income investors decide which is the better dividend stock to buy.

*Stock prices used were the afternoon prices of Sept. 24, 2023. The video was published on Sept. 26, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Cummins. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.