Top Growing Dividend Stocks

Dividends are key to building wealth in the stock market, as they make up a majority of investors returns. Two strong dividend paying stocks are in the manufacturing sector, Caterpillar (CAT) and Deere & Co. (DE). Both of these names are familiar to investors, as we see and use many of their products.

Caterpillar and Deere have been growing like weeds, especially in Latin America and China, where demand for their products is ever growing. Just last month, Caterpillar reported its worldwide machine sales grew 37% in August, led by surging sales in Latin and surprisingly, North America. Deere & Co. is in a similar position, as its products are in heavy demand, as emerging markets continue to grow at fast clips, and North America experiences a slow but steady turnaround. Deere is seeing particular weakness in the European market, as it noted in its last earnings report.

Source: Benzinga

Related Articles:

• A Winning Investment Strategy
• Who is Charles Mangum and Why Should We Listen to Him?
• Income Annuities vs. Dividend Stocks
• International Diversification Begins At Home
• Why We Are Dividend Growth Investors