Peoria Public Radio News
11:33 am
Wed December 11, 2013

Cat maintains quarterly dividend

Caterpillar is maintaining its dividend rate for this quarter. The company’s board of directors voted to maintain a quarterly cash dividend rate of 60-cents per share.

Cat Chairman and CEO Doug Oberhelman says the move is a demonstration of the company taking advantage of its strong balance sheet and cash flow to return capital to stockholders. 

Shareholders can collect their dividend February 20th. It’s being paid out to stockholders of record at the close of business on January 21st.