Caterpillar Inc. (NYSE: CAT) has been named one of the top 20 best performing dividend stocks in 2025. The company is experiencing growth in its power and energy unit, driven by increased demand from data center operators supporting AI workloads. Caterpillar expects this segment to boost annual sales growth to 5%-7% through 2030, compared to 4% in recent years. The company is investing $725 million to increase production capacity for engines and generators. Caterpillar shares have surged nearly 61% this year, outperforming the S&P 500. Investors are optimistic about the company’s future growth potential.
Read more at Yahoo Finance: Caterpillar (CAT) Finds a New Growth Engine in Data Center Power Demand
