Caterpillar Inc. Continues Commitment to Shareholders with Dividend
Caterpillar Inc. Upholds Quarterly Dividend for Shareholders
On a recent day in October, the Board of Directors at Caterpillar Inc. (NYSE: CAT) made a significant decision to maintain the quarterly dividend at an impressive $1.51 per share. This payment, set for November 20, acknowledges all shareholders who held stock at the close of business on October 20. Such a commitment highlights the company's strong financial foundation and deep-rooted commitment to its investors.
A Legacy of Dividend Payments
Caterpillar has earned a remarkable reputation in the industry for its consistent cash dividend payments. Since its inception, the company has never missed a year of dividend payments. Furthermore, Caterpillar has maintained a quarterly dividend since 1933. Notably, this forthcoming payment will mark the 32nd consecutive year Caterpillar has raised its annual dividend, earning the distinguished title of a member of the S&P 500 Dividend Aristocrats Index.
About Caterpillar Inc.
Caterpillar Inc. stands as a global leader in manufacturing a broad array of products. In its most recent financial report, Caterpillar announced a remarkable sales revenue of $64.8 billion for the past year. This outstanding performance solidifies its status as the foremost manufacturer of construction and mining equipment, diesel engines, and industrial gas turbines. With a legacy spanning a century, Caterpillar has significantly contributed to crafting a more sustainable world, emphasizing commitments toward reducing carbon emissions. Through innovative products and services, Caterpillar offers exceptional value, enabling customers to thrive across various industries.
Operational Scope and Global Presence
Operating worldwide, Caterpillar engages in three primary business segments: Construction Industries, Resource Industries, and Energy & Transportation. In addition, the company provides financing and related services through its Financial Products segment. This diverse operational strategy allows Caterpillar to adapt its offerings to meet the evolving needs of its clients on every continent.
Connecting with Caterpillar
For those interested in learning more about Caterpillar and its innovative offerings, the company invites stakeholders to explore its official website. Additionally, Caterpillar actively engages with its audience on various social media platforms, ensuring that customers and investors are well-informed and connected. Stay tuned for upcoming developments as Caterpillar continues to lead the industry and uphold its commitment to excellent shareholder returns.
Frequently Asked Questions
What is the current dividend amount for Caterpillar Inc.?
The current quarterly dividend for Caterpillar Inc. is $1.51 per share.
How long has Caterpillar been paying dividends?
Caterpillar has paid dividends every year since its establishment, maintaining a quarterly dividend since 1933.
What distinguishes Caterpillar's dividend status?
Caterpillar has been recognized as a member of the S&P 500 Dividend Aristocrats Index due to its consistent dividend increases for 32 consecutive years.
What are the main business segments of Caterpillar?
Caterpillar operates primarily in Construction Industries, Resource Industries, and Energy & Transportation, along with providing financing services.
How can I learn more about Caterpillar Inc.?
You can explore Caterpillar's official website and join the conversation on various social media channels to stay informed about their latest news and updates.
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