Bill Gates’ 5 Dividend Stocks

4. Caterpillar Inc. (NYSE:CAT)

Bill Gates’ Stake Value: $2,007,536,622

Caterpillar Inc. (NYSE:CAT) is a multinational corporation that primarily manufactures construction, mining, and agricultural equipment. The Gates Foundation held over 7.3 million shares in the company at the end of the third quarter of 2023, valued at over $2 billion. The company made up 5.15% of the hedge fund’s 13F portfolio.

Caterpillar Inc. (NYSE:CAT) currently offers a quarterly dividend of $1.30 per share and has a dividend yield of 2.07%, as of November 15. With a 29-year track record of consistent dividend growth, CAT is one of the best dividend stocks on our list.

At the end of Q2 2023, 50 hedge funds tracked by Insider Monkey owned stakes in Caterpillar Inc. (NYSE:CAT), compared with 52 in the previous quarter. These stakes have a collective value of $2.5 billion.

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