Caterpillar Inc. Maintains Dividend Rate

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.