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 February 20, 2015, to stockholders of record on January 20, 2015, with an ex-dividend date of January 15, 2015.

The annual yield on the dividend is 3 percent.

"After reporting third-quarter profit improvement, strong cash flow for the first nine months of the year and continued balance sheet strength, I am pleased to announce we are maintaining Caterpillar's dividend," said Caterpillar Chairman and CEO Doug Oberhelman. "For the full year, the $1.6 billion of dividends paid and $4.2 billion of stock repurchases make 2014 a record year for return of capital – and clearly demonstrate our commitment to deliver superior returns to stockholders."

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

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