SmarterAnalyst
Caterpillar Bumps Up Quarterly Dividend by 8%
Caterpillar, Inc. (CAT) increased its quarterly cash dividends by 8% to $1.11 per share. With the increase, the company’s annualized dividend of $4.44 per share reflects a dividend yield of 1.9%. Shares were down 2.3% and closed at $234.65 on June 9. Caterpillar manufactures construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The dividend is payable on August 20 to shareholders of record on July 30. The company, a member of
