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

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Caterpillar Inc. Maintains Dividend Rate

June 8, 2016 12:30 PM EDT

PEORIA , Ill., June 8, 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 August 20, 2016, to stockholders of record at the close of business on July 20, 2016.

"Our balance sheet and operational performance are strong, even after several years of challenging market conditions. We are maintaining an attractive dividend for our stockholders and positioning the company for growth once our markets rebound," said Caterpillar Chairman and CEO Doug Oberhelman.

Caterpillar has paid higher... More