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Caterpillar Inc. Maintains Dividend Rate
- Written by Caterpillar
- Created on Thursday, 11 June 2009 17:14
quarterly cash dividend of forty-two ($0.42) cents per share of common stock, payable August
20, 2009, to stockholders of record at the close of business July 20, 2009.
“It is a tribute to Caterpillar’s strategic ‘trough’ planning and financial strength that we are
maintaining the dividend rate in the face of the worst economic crisis since the Great
Depression,” said Caterpillar Chairman and Chief Executive Officer Jim Owens. “Just as we
have during previous downturns, Caterpillar is positioning itself to emerge from this recession as
a stronger company, and I am pleased we are able to reward stockholders who have invested in
our company,” Owens said.
The $0.42 dividend maintains the dividend rate from the previous quarter, and including the
announcement today, Caterpillar has paid a cash dividend every year since the company was
formed in 1925 and its cash dividend has nearly tripled since 1998.
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