Caterpillar (CAT) Raises Quarterly Dividend 19.8% to $1.03; 3% Yield

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Go back to Caterpillar (CAT) Raises Quarterly Dividend 19.8% to $1.03; 3% Yield

Caterpillar Raises Dividend, Sets New Financial Targets and Provides Update on Enterprise Strategy at 2019 Investor Day

May 2, 2019 7:30 AM EDT

CLAYTON, N.C., May 2, 2019 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will host a meeting with investors and analysts today, detailing the progress made in executing the company's enterprise strategy, its plans for future profitable growth and its intention for more consistent and enhanced return of capital to shareholders.

"Our enterprise strategy for profitable growth is working. We achieved or exceeded the financial targets we communicated during our 2017 Investor Day, which resulted in record profit per share in 2018 and the first quarter of 2019," said Caterpillar Chairman and CEO Jim... More