Caterpillar (CAT) Raises Quarterly Dividend 1.3% to $0.78; 3% Yield

Caterpillar (NYSE: CAT) declared a quarterly dividend of $0.78 per share, or $3.12 annualized. This is a 1.3% increase from the prior dividend of $0.77.

The dividend will be payable on August 19, 2017, to stockholders of record on July 20, 2017, with an ex-dividend date of July 18, 2017.

The annual yield on the dividend is 3 percent.

"Our improved cost structure, strong balance sheet and solid cash flow make it possible for us to continue our long history of returning value to shareholders through our dividend," said Caterpillar CEO Jim Umpleby.

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

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