Caterpillar (CAT) Maintains, Declares $0.77 Quarterly Dividend; 3.2% Yield
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Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 1.5%
EPS Growth %: +4.7%
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Caterpillar (NYSE: CAT) declared a quarterly dividend of $0.77 per share, or $3.08 annualized.
The dividend will be payable on February 18, 2017, to stockholders of record on January 20, 2017, with an ex-dividend date of January 18, 2017.
The annual yield on the dividend is 3.2 percent.
"Our dividend has remained a high priority throughout this difficult economic cycle. We've been able to maintain our dividend because our balance sheet remains strong, we've taken the tough actions necessary to reduce our cost structure and have generated solid cash flow through the current downturn in our business," said Caterpillar Chairman and CEO Doug Oberhelman.
For a dividend history and other dividend-related data on Caterpillar (CAT) click here.
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