3 Infrastructure Stocks for Growth and Dividends

The U.S. may be on the verge of a major infrastructure spending plan, and a looming infrastructure bill could be a major boost to the nation’s infrastructure stocks. Infrastructure across the country is in need of repair. Investors should always be on the hunt for potential growth catalysts. Investing in themes can be difficult given news gets priced into stocks very rapidly. However, because the infrastructure bill is still just a framework and the specific details haven’t been worked out, there are many companies that stand to benefit from it should it come to fruition.

The three companies we’ve highlighted here stand to be sizable beneficiaries regardless, as construction will undoubtedly be a massive portion of the bill. We therefore see these three stocks as years-long beneficiaries of increased infrastructure spending. So let’s take a look at three dividend names we think have the potential to see a sizable positive impact should the plan come to fruition. And in the meantime, all three stocks pay dividends to shareholders, and raise their dividends on a regular basis: Nucor Corporation (NYSE:NUE), Caterpillar Inc. (NYSE:CAT) and Martin Marietta Materials, Inc. (NYSE:MLM).

Source: InvestorPlace

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