Caterpillar (CAT) Declares $0.70 Quarterly Dividend; 3.5% Yield

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Caterpillar Inc. Maintains Dividend Rate

April 8, 2015 12:30 PM EDT

PEORIA, Ill., April 8, 2015 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable May 20, 2015, to stockholders of record at the close of business on April 20, 2015.

"I am pleased to announce we are maintaining Caterpillar's dividend," said Caterpillar Chairman and CEO Doug Oberhelman. "In 2014, we kept a strong balance sheet and delivered the third highest operating cash flow in our history. In addition, we returned a record $5.8 billion in capital to stockholders through... More