Caterpillar Inc's Board of Directors voted in favor of raising the quarterly dividend by ten cents, reflecting an 8% increase
Caterpillar Inc., a manufacturing and construction equipment company, has announced a dividend increase. The company's Board of Directors voted in favor of raising the quarterly dividend by ten cents, reflecting an 8% increase.
The quarterly dividend will now stand at one dollar and thirty cents ($1.30) per share of common stock. The increased dividend will be payable on August 18, 2023. To qualify for this dividend, shareholders must be recorded as such at the close of business on July 20, 2023.
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