Caterpillar Board of Directors Votes to Maintain Dividend
Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving positive change on every continent.
Caterpillar’s board of directors announced that they have decided to keep the quarterly cash dividend of $0.86 per share of common stock. The dividend will be payable on February 20, 2019 to the shareholders of record as of January 22, 2019 at the close of business.
Caterpillar Inc. has paid its shareholders higher dividends for the past 25 years. Caterpillars quarterly cash divided has more than doubled since 2009, and the company has a paid a cash dividend every year since the formation of the company.