Caterpillar (CAT) Raises Quarterly Dividend 8.1% to $1.20; 2.1% Yield

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Caterpillar Inc. Increases Dividend

June 8, 2022 10:05 AM EDT

DEERFIELD, Ill., June 8, 2022 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly cash dividend by nine cents, an 8% increase, to one dollar and twenty cents ($1.20) per share of common stock, payable August 19, 2022, to shareholders of record at the close of business on July 20, 2022.

"Our dividend increase reflects our strong balance sheet and liquidity position as well as confidence in continued strong free cash flow generation from Machinery, Energy &... More