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“3 Dividend Stocks Cashing in on the Housing Boom”

“Putting it all together, the following three dividend stocks will benefit greatly from rising home prices, and shareholders will benefit in turn through dividend growth and higher share prices down the road:

  • Caterpillar (NYSE:CAT)
  • Leggett & Platt (NYSE:LEG)
  • M.D.C. Holdings (NYSE:MDC)

We can expect that the growth in construction, not just in the U.S., but worldwide, will allow Caterpillar to grow earnings-per-share by more than 40% in 2021… We project that Leggett & Platt will earn $2.65 this year, which would be a 24% increase from the prior year and a new high for the company… M.D.C. Holdings bucked the trend of the other names in this article and demonstrated tremendous growth last year. Revenue grew 18% and earnings per share improved 50% in 2020…”

https://finance.yahoo.com/news/3-dividend-stocks-cashing-housing-174022666.html

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