2.65925
Shares Owned
$348.08
Cost Basis
-$50.54 (-14.52%)
Total Gain/Loss
$6.40
Earned Dividends
Company Overview
Caterpillar Inc. (or CAT) is an American Fortune 100 corporation which designs, develops, engineers, manufactures, markets and sells machinery, engines, financial products and insurance to customers via a worldwide dealer network. It is the world’s largest construction equipment manufacturer and is headquarted in Deerfield, Illinois. The company also licenses and markets a line of clothing and workwear boots under its Cat/Caterpillar name. Caterpillar machinery is recognizable by its trademark “Caterpillar Yellow” livery and the “CAT” logo. – Wikipedia
Why Caterpillar?
One of the largest construction companies in the world, it is hard to pass by a construction zone and not see their vehicles. Caterpillar has become a well-recognized brand and trusted as the pinnacle equipment supplier around the world. Although construction is a cyclical industry, they maintain a strong profit margin and continue to pay dividends even during recessions. As a result, it is clear that Caterpillar has a strong focus on shareholder return and building quality equipment.
One of the largest construction companies in the world, it is hard to pass by a construction zone and not see their vehicles. They have dominated the construction market and are a well-recognized brand. Though they can be cyclical, they did not cut their dividend during the great recession, so they have a strong focus on returning capital to shareholders.
Change Log
Dividend = $2.74
May 20, 2020
Invested = $10.18 ; Purchased = 0.10885 shares @ $93.52
March 17, 2020
Invested = $20.76 ; Purchased = 0.22406 shares @ $92.65
March 13, 2020
Dividend = $2.31
February 20, 2020
Invested = $10.89 ; Purchased = 0.08149 shares @ $133.62
February 4, 2020
Invested = $138.11 ; Purchased = 0.93248 shares @ $148.11
January 2, 2020
Dividend = $1.35
November 20, 2019
Invested = $61.48 ; Purchased = 0.47161 shares @ $130.36
October 15, 2019
Invested = $106.66 ; Purchased = 0.84076 shares @ $126.86
September 23, 2019
*New Position Started*