Caterpillar (CAT) Maintains, Declares $0.77 Quarterly Dividend; 3.2% Yield
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Caterpillar Inc. Maintains Dividend Rate
December 14, 2016 11:45 AM ESTPEORIA, Ill., Dec. 14, 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 February 18, 2017, to stockholders of record at the close of business on January 20, 2017.
"Our dividend has remained a high priority throughout this difficult economic cycle. We've been able to maintain our dividend because our balance sheet remains strong, we've taken the tough actions necessary to reduce our cost structure and have generated solid cash flow through the current downturn in our... More
