Caterpillar (CAT) Declares $0.77 Quarterly Dividend; 3.9% Yield

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Go back to Caterpillar (CAT) Declares $0.77 Quarterly Dividend; 3.9% Yield

Caterpillar Inc. Maintains Dividend Rate

April 13, 2016 11:30 AM EDT

PEORIA , Ill., April 13, 2016 /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 May 20, 2016, to stockholders of record at the close of business on April 25, 2016.

"Caterpillar's balance sheet remains strong, and I'm pleased to announce we're maintaining our dividend despite continuing difficult marketplace conditions. We've taken actions to further strengthen our competitive position, including lowering our costs and increasing our machine market position for the past five years," said Caterpillar Chairman and CEO... More