Caterpillar (CAT) Declares $0.77 Quarterly Dividend; 3.2% Yield
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Caterpillar Inc. Maintains Dividend Rate
April 12, 2017 11:45 AM EDTPEORIA, Ill., April 12, 2017 /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, 2017, to stockholders of record at the close of business on April 24, 2017.
"We believe maintaining our dividend reflects our confidence that we are well-positioned for the future," said Caterpillar CEO Jim Umpleby. "Our diligent operational focus on reducing our cost structure, generating solid cash flow, and maintaining a strong balance sheet, allows us to continue rewarding our... More
