Caterpillar Announces 36-Cent Dividend Per Share

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Caterpillar Announces 36-Cent Dividend Per Share

By Eric Shangraw

Story Published: Apr 9, 2008 at 1:39 PM CST

Story Updated: Apr 9, 2008 at 1:40 PM CST

Anyone with Caterpillar stock is making money.

Citing significant demand in key markets and the strength of its global business, the company declared today a quarertly cash dividend of 36 cents per share on its common stock.

Cat Chairman and CEO Jim Owens says global energy and mining markets as well as large infrastructure projects in emerging economies are continuing to drive record results for Caterpillar.

The dividend is 20% higher than the dividend paid a year ago.
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