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Added Caterpillar To My Portfolio

Earlier this month, I learned how to roll my old 403b into a rollover IRA and use that capital to pick up some dividend growth stocks. I’ll have to write a post in the future on what I did with the cash. I’ve invested a little over half of it in different stocks and am slowly putting the rest of the capital to work.

Today I picked up 13 shares of Caterpillar (CAT) at $80.24/share. My yield on cost (YOC) is at 3.46% and adds $36.40 to my yearly dividend income. 

Next week I am looking at probably adding a duck (AFL) to my stable, especially with their solid dividend growth (16.8% 10-yr DGR!), low payout ratio (24%), and low P/E ratio (9.56).

Let me know what you think!!

Disclosure: Long CAT

{ 2 comments… add one }

  • Dividend Diplomats April 4, 2015, 1:09 pm


    Nice purchase! I loved CAT so much I bought them twice during March, so great to see you doing a little bit of the same. Congrats on the purchase and enjoy those dividends!

    Dividend Diplomats recently posted…Lanny’s March Dividend IncomeMy Profile

    • Ron April 4, 2015, 1:15 pm

      Thanks Lanny! I feel CAT is a great long term play. I also want to grab some DE in the future to complement this position. Thanks for stopping by and leaving a comment! I appreciate it!

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