Saturday, August 29, 2015

Home News Caterpillar maintains dividend rate

Caterpillar maintains dividend rate

Supplier News

CEO, Doug Oberhelman, says the company had a strong year.

| December 16, 2011

PEORIA, Ill. – The Board of Directors of Caterpillar voted today to maintain the quarterly cash dividend of forty-six ($0.46) cents per share of common stock, payable February 18, 2012, to stockholders of record at the close of business, January 20, 2012.

“As we come to the close of 2011, I am pleased with Caterpillar’s strong and steady performance during a year that has had many ups and downs in the global economy,” said Caterpillar Chairman and CEO Doug Oberhelman. “In this environment, we have continued to increase wealth for our stockholders, while strengthening our financial position and improving cash flow. At the same time, we have announced a series of key investments to position Caterpillar for long-term growth,” Oberhelman added.

For 18 years in a row, Caterpillar has paid higher dividends to its stockholders, and since 1998, the company's cash dividend has more than tripled. Including the announcement today, Caterpillar has paid a cash dividend every year since the company was formed in 1925 and has paid a dividend every quarter since November 1933.

 

Top news

To seed or not to seed

Contractors share their preferences on how to install fresh turf for customers.

Fall forecast

Protect your customers' lawns with pre-emergent applications.

After the storm

Landscape firms share how they run disaster response, storm cleanup and water damage prevention services.

Heavy duty

Strategies for pricing the big jobs and handling your largest pieces of equipment.

The usual suspects

Be on the lookout for typical weeds and diseases this fall.

x