Reportedly, the board of Caterpillar, Inc. (CAT) has voted to increase the quarterly cash dividend by eight cents, an 8% raise, to $1.11 per share of common stock, payable to shareholders as of July 20, 2021. The dividend is payable on August 20, 2021.
“Through the execution of our enterprise strategy for profitable growth, Caterpillar is generating higher free cash flow through the cycles. Our strong balance sheet and liquidity position make it possible for us to continue our long history of increasing our dividend and returning value to shareholders,” stated Caterpillar CEO Jim Umpleby.
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. To learn more about Caterpillar, Inc. (CAT) and to continue to track its progress please visit the Vista Partners Caterpillar, Inc. Coverage Page.
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