Caterpillar (CAT) Maintains, Declares $0.78 Quarterly Dividend; 2.4% Yield

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Caterpillar Inc. Maintains Dividend Rate

October 11, 2017 12:45 PM EDT

DEERFIELD, Ill., Oct. 11, 2017 /PRNewswire/ -- The board of directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-eight cents ($0.78) per share of common stock, payable November 20, 2017, to shareholders of record at the close of business on October 23, 2017.

Upon payment of this dividend, Caterpillar will have paid higher dividends to its shareholders for 24 consecutive years and, since 2007, the company's cash dividend has more than doubled. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since... More