Caterpillar (CAT) Declares $0.70 Quarterly Dividend; 3% Yield

Caterpillar (NYSE: CAT) declared a quarterly dividend of $0.70 per share, or $2.8 annualized.

The dividend will be payable on November 20, 2014, to stockholders of record on October 20, 2014, with an ex-dividend date of October 16, 2014.

The annual yield on the dividend is 3 percent.

"I am pleased to announce that we are maintaining Caterpillar's dividend," said Caterpillar Chairman and CEO Doug Oberhelman. "Caterpillar's strong dividend history is the result of our continued financial strength and strong operational performance. This dividend action, along with the 17 percent increase in our quarterly dividend announced in June and the $6.2 billion stock repurchase in 2013 and 2014, demonstrates our commitment to deliver superior returns to stockholders through the cycles."

For a dividend history and other dividend-related data on Caterpillar (CAT) click here.

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