CAT's Board of Directors makes decision on quarterly cash divide

CAT's Board of Directors makes decision on quarterly cash dividend

Posted: Updated:
PEORIA, Ill (HOI) -- -

Caterpillar's board of directors voted Wednesday to maintain the quarterly cash dividend of 77 cents per share of common stock.

That is payable in May.

Cat CEO Jim Umpleby says the company's focus on reducing cost structure, generating solid cash flow, and maintaining a strong balance sheet, allows caterpillar to continue rewarding its shareholders.

Cat has paid higher annual dividends to shareholders for 23 consecutive years.

Powered by Frankly