Caterpillar's (CAT) New Dividend Hike Looks 'Purrfect'

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Caterpillar, Inc. (CAT) Boosts Qtr. Dividend 15% to $0.60; Yields 2.9%

June 12, 2013 11:42 AM EDT

Caterpillar, Inc. (NYSE: CAT) declared a quarterly dividend of $0.60 per share, or $2.40 annualized. This is a 15.4 percent increase from the prior dividend of $0.52.

The dividend will be payable on August 20, 2013, to stockholders of record on July 22, 2013, with an ex-dividend date of July 18, 2013.... More