Caterpillar’s Board of Directors voted to raise the quarterly cash dividend by 2 cents to 46 cents per share of common stock, payable Aug. 20, to stockholders of record at the close of business, July 20.
The 46 cents dividend is a 5-percent increase over the previous rate of 44 cents per share. For 18 years in a row, Caterpillar has paid higher dividends to its stockholders, and since 1998, the company’s cash dividend has more than tripled. Including the announcement today, Caterpillar has paid a cash dividend every year since the company was formed in 1925 and has paid a dividend every quarter since November 1933.
