Caterpillar Says Maintaining Dividend Rate
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of fifty-two cents ($0.52) per share of common stock, payable November 20, 2012, to stockholders of record at the close of business, October 22, 2012.
"I am pleased to announce we are maintaining Caterpillar's dividend due to the strong results achieved and our long-standing commitment to reward stockholders," said Caterpillar Chairman and CEO Doug Oberhelman. "Although there continues to be uncertainty in the global economy, Caterpillar has continued to demonstrate that it is an attractive investment for stockholders through a wide range of economic cycles."
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.