Caterpillar (CAT) Maintains $0.77 Quarterly Dividend; 3.5% Yield
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Caterpillar Inc. Maintains Dividend Rate
October 12, 2016 10:16 AM EDTPEORIA, Ill., Oct. 12, 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 November 19, 2016, to stockholders of record at the close of business on October 24, 2016.
"I am proud that we are once again maintaining Caterpillar's dividend, which extends our track record of paying higher annual dividends to shareholders for 23 consecutive years," said Caterpillar Chairman and CEO Doug Oberhelman. "Our balance sheet remains strong, we've taken action to improve our cost... More
