Caterpillar As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
CAT $5.20 8.3% 8.1% 7.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Heavy Machinery & Engines 1.9% 30 8.6% Quarter 1933

Caterpillar (CAT) will raise its quarterly dividend by 4.5 percent to $0.46 per share in 2011. Last year the industrial company hiked its dividend by 2 cents to $0.44 per share.

Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933.

Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment.