PEORIA, Ill. –Caterpillar, Inc. has announced that the company’s quarterly dividend will stay at $1.03 per share of common stock, payable Nov. 20 to shareholders on record on Oct. 21.
Since 2009, Caterpillar’s quarterly dividend has more than doubled. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933.
During the first quarter of 2019, CAT repurchased $751 million of common stock, and paid dividends of $494 million.
The company will announce its third quarter financial results on Oct. 23.