Caterpillar (CAT) Raises Quarterly Dividend 8.5% to $1.41; 1.7% Yield
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Caterpillar hikes quarterly dividend, expands share buyback plan; stock up
June 12, 2024 11:24 AM EDTCaterpillar (NYSE: CAT) raised its quarterly dividend by ten cents, an 8% hike, to $1.30 per share, effective from August 18, 2023.
Moreover, Caterpillar has increased its share repurchase authorization by $20 billion.
CAT shares rose 1% in Wednesday trading following the announcements.
With the expanded... More
Caterpillar (CAT) Increases Dividend and Increases Share Repurchase Authorization by $20 Billion
June 12, 2024 10:32 AM EDTThe Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one cents ($1.41) per share of common... More
