Caterpillar (CAT) Raises Quarterly Dividend 8% to $1.11; 1.9% Yield

Caterpillar (NYSE: CAT) declared a quarterly dividend of $1.11 per share, or $4.44 annualized. This is an 8% increase.

The dividend will be payable on August 20, 2021, to stockholders of record on July 20, 2021, with an ex-dividend date of July 19, 2021.

The annual yield on the dividend is 1.9 percent.

"Through the execution of our enterprise strategy for profitable growth, Caterpillar is generating higher free cash flow through the cycles," said Caterpillar CEO Jim Umpleby. "Our strong balance sheet and liquidity position make it possible for us to continue our long history of increasing our dividend and returning value to shareholders."

Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. The company has paid higher dividends to shareholders for 27 consecutive years and is a member of the S&P 500 Dividend Aristocrat Index.

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

You May Also Be Interested In

• MetLife (MET) Raises Quarterly Dividend 4.8% to $0.545; 3% Yield
• First Commonwealth Financial (FCF) Raises Quarterly Dividend 4% to $0.13; 3.9% Yield
• Franklin Financial Services Corporation (FRAF) Declares $0.32 Quarterly Dividend; 4.2% Yield