CAT - Caterpillar boosts quarterly dividend by 8% to $1.30/share
2023-06-14 10:38:15 ET
- Caterpillar ( NYSE: CAT ) declares $1.30/share quarterly dividend , 8.3% increase from prior dividend of $1.20.
- Forward yield 2.11%
- Payable Aug. 18; for shareholders of record July 20; ex-div July 19.
- "We continue to generate strong Machinery, Energy & Transportation (ME&T) free cash flow through execution of our enterprise strategy for long-term profitable growth," said Caterpillar Chairman and CEO Jim Umpleby. "Our strong ME&T free cash flow, balance sheet and liquidity position support our long history of growing the dividend and returning value to shareholders."
- See CAT Dividend Scorecard, Yield Chart, & Dividend Growth.
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Caterpillar boosts quarterly dividend by 8% to $1.30/share