The following video is part of our "Motley Fool Conversations" series, in which technology editor/analyst Andrew Tonner and analyst/editor Isaac Pino discuss topics across the investing world.

In this installation of our popular article series, Isaac and Andrew sit down to talk about one dividend stock they like and one worth avoiding. Isaac discusses heavy equipment manufacturer Caterpillar, while Andrew talks about the telecom player Consolidated Communications. With dividend investing all the rage at present, investors need to know exactly what they're buying before they invest. These century-old companies, both founded in Illinois, might be following two very different paths. Listen to find out which stock could prosper and which one you should pass on.

Isaac Pino and Andrew Tonner have no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Westport Innovations. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.