April 8, 2015
FOR IMMEDIATE RELEASE
Caterpillar Inc. Maintains Dividend Rate
PEORIA, Ill. – The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable May 20, 2015, to stockholders of record at the close of business on April 20, 2015.
“I am pleased to announce we are maintaining Caterpillar’s dividend,” said Caterpillar Chairman and CEO Doug Oberhelman. “In 2014, we kept a strong balance sheet and delivered the third highest operating cash flow in our history. In addition, we returned a record $5.8 billion in capital to stockholders through dividends and stock repurchase. This dividend supports our commitment to deliver superior returns to stockholders through the cycles.”
Caterpillar has paid higher dividends to its stockholders for 21 consecutive years, and since 2006, the company’s cash dividend has more than doubled. Including the announcement today, Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933.
For 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2014 sales and revenues of $55.184 billion, Caterpillar is the world’s leading 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. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.