Caterpillar (CAT) Declares $0.77 Quarterly Dividend; 4.3% Yield

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Caterpillar Inc. Maintains Dividend Rate

October 14, 2015 2:15 PM EDT

PEORIA, Ill., Oct. 14, 2015 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable November 20, 2015, to stockholders of record at the close of business on October 26, 2015.

"I am pleased to announce we are maintaining Caterpillar's dividend," said Caterpillar Chairman and CEO Doug Oberhelman. "Even in this challenging environment, where we are aggressively moving to reduce our cost structure to match our current business outlook, we remain committed to rewarding... More