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Best Dividend Stock to Buy for Passive Income Investors: Deere vs. Caterpillar

By Parkev Tatevosian, CFA – Feb 23, 2024 at 4:05PM

Passive income investors can reap solid dividend yields with Deere and Caterpillar stock.

Fool.com contributor Parkev Tatevosian compares Deere (DE +2.24%) and Caterpillar (CAT +1.25%) to answer which is the better buy for passive income investors.

*Stock prices used were the afternoon prices of Feb. 21, 2024. The video was published on Feb. 23, 2024.

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Deere. 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.

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