- Caterpillar (CAT) experienced a decline of 42% to net income in Q1 2020 vs. Q1 2019, primarily due to lower sales volume.
- In addition, CAT has been able to reduce operating expenses by $2 billion, and investors may see a more efficient operation going forward.
- CAT is labeled as a dividend aristocrat, yet, no dividend increase this past quarter and recent performance w/ the pandemic may disrupt their growth streak.
This has been a great month for dividends and dividend investing I feel. There are quite a few nice stocks going on sale temporarily and if you like the company in a fundamentally sound way and they fit your criteria – then make a decision to investor or not… that is if you have the capital. The month of March has been the busiest month so far for me in terms of contributions or capital going into my account – that is when you add my purchases, my dividends being reinvested, as well as my automatic 401k contributions. A stock that I recently purchased earlier this month, in my eyes, went further on sale and I thought – if I liked it then, I like it even more now. Move out of the way, as I am bulldozing for more Caterpillar (CAT)!
I’m back at it baby! After almost a one month hiatus from buying a stock outside of my 401k purchases through my employer, I am back on the saddle and made a few moves. The month of March has opened up great opportunities into the market place and I’m even more excited to purchase more stock in the coming days/weeks. The market from the last 5 business days of 3/2 – 3/6, has dropped almost 2 % overall and has really opened up great dividend stocks at better prices. I took advantage of a few this week, let’s take a look.