Caterpillar Inc. Maintains Dividend

Rhea-AI Summary

Caterpillar Inc. (NYSE: CAT) has announced the maintenance of its quarterly dividend at $1.41 per share of common stock. This dividend will be payable on November 20, 2024, to shareholders of record as of the close of business on October 21, 2024. The company has a long-standing history of dividend payments, having paid a cash dividend every year since its formation and a quarterly dividend since 1933. With this payment, Caterpillar will have increased its annual dividends for 31 consecutive years, solidifying its position as a member of the S&P 500 Dividend Aristocrats Index.

Positive

• Maintained quarterly dividend of $1.41 per share
• 31 consecutive years of increased annual dividends
• Member of S&P 500 Dividend Aristocrats Index
• Consistent dividend payment history since company formation

Negative

• None.

IRVING, Texas, Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly dividend of one dollar and forty-one cents ($1.41) per share of common stock, payable Nov. 20, 2024, to shareholders of record at the close of business on Oct. 21, 2024.

Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. With this dividend payment, Caterpillar will have paid higher annual dividends to shareholders for 31 consecutive years and is recognized as a member of the S&P 500 Dividend Aristocrats Index.

About Caterpillar 
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

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SOURCE Caterpillar Inc.

FAQ

What is Caterpillar's (CAT) current quarterly dividend amount?

Caterpillar's current quarterly dividend is $1.41 per share of common stock.

When will Caterpillar (CAT) pay its next dividend?

Caterpillar will pay its next dividend on November 20, 2024, to shareholders of record as of October 21, 2024.

How long has Caterpillar (CAT) been increasing its annual dividends?

Caterpillar has been increasing its annual dividends for 31 consecutive years.

Is Caterpillar (CAT) part of the S&P 500 Dividend Aristocrats Index?

Yes, Caterpillar is recognized as a member of the S&P 500 Dividend Aristocrats Index.