Caterpillar (CAT) Raises Quarterly Dividend 1.3% to $0.78; 3% Yield

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Go back to Caterpillar (CAT) Raises Quarterly Dividend 1.3% to $0.78; 3% Yield

Caterpillar Inc. Announces Increase in Dividend Rate

June 14, 2017 10:07 AM EDT

PEORIA, Ill., June 14, 2017 /PRNewswire/ -- The board of directors of Caterpillar Inc. (NYSE: CAT) voted today to increase the quarterly cash dividend by one cent to seventy-eight cents ($0.78) per share of common stock, payable August 19, 2017, to shareholders of record at the close of business on July 20, 2017.

"Our improved cost structure, strong balance sheet and solid cash flow make it possible for us to continue our long history of returning value to shareholders through our dividend," said... More