3 Companies With a Strong History of Dividend Growth

Dividends come with many great perks, with the payouts essentially reflecting a form of 'payday' in the market. And several stocks with a strong history of increasing payouts – Broadcom AVGO, ExxonMobil XOM, and Caterpillar CAT – are strong options for those looking to reap income. Caterpillar Benefits from Data Center Buildout Caterpillar has notably become a big beneficiary amid the AI infrastructure buildout, enjoying strong demand for its power products used in data center applications, primarily large reciprocating engines. The outsized sales growth has helped shares outperform over the last year, with Caterpillar's shareholder-friendly nature also a major positive, sporting a 7.