Caterpillar's last quarterly dividend of $1.3 per share was on Oct 20, 2023 (ex-date). The annualized dividend payment of $5.1 per share represents a current dividend yield of 1.99%.
Caterpillar's dividend yield of 1.99% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.47%, Caterpillar's dividend yield is 35% higher. Historically CAT's dividend yield has averaged at 2.3% in the last 5 years, which is higher than the current one.
Caterpillar has a history of paying dividends since 1994. Our records of CAT show that the company has issued five quarterly dividends in the last twelve months. The annualized DPS has grown by 10% since one year ago. But with the stock price up by 12% from a year ago, the dividend yield marks a decrease of 1.7%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Oct 20, 2023 | Nov 20, 2023 | Oct 11, 2023 | $1.3 | normal |
Jul 20, 2023 | Aug 18, 2023 | Jun 14, 2023 | $1.3 | normal |
Jul 19, 2023 | Aug 18, 2023 | Jun 14, 2023 | $1.3 | normal |
Apr 21, 2023 | May 19, 2023 | Apr 12, 2023 | $1.2 | normal |
Jan 19, 2023 | Feb 17, 2023 | Dec 14, 2022 | $1.2 | normal |
Oct 21, 2022 | Nov 18, 2022 | Oct 12, 2022 | $1.2 | normal |
Jul 19, 2022 | Aug 19, 2022 | Jun 8, 2022 | $1.2 | normal |
Apr 22, 2022 | May 20, 2022 | $1.11 | normal | |
Jan 19, 2022 | Feb 18, 2022 | Dec 8, 2021 | $1.11 | normal |
Oct 22, 2021 | Nov 19, 2021 | Oct 13, 2021 | $1.11 | normal |
Jul 19, 2021 | Aug 20, 2021 | Jun 9, 2021 | $1.11 | normal |
Apr 23, 2021 | May 20, 2021 | Apr 14, 2021 | $1.03 | normal |
Jan 19, 2021 | Feb 19, 2021 | Dec 9, 2020 | $1.03 | normal |
Oct 23, 2020 | Nov 20, 2020 | Oct 14, 2020 | $1.03 | normal |
Jul 17, 2020 | Aug 20, 2020 | Jun 10, 2020 | $1.03 | normal |
Apr 17, 2020 | May 20, 2020 | Apr 8, 2020 | $1.03 | normal |
Jan 17, 2020 | Feb 20, 2020 | Dec 11, 2019 | $1.03 | normal |
Oct 18, 2019 | Nov 20, 2019 | Oct 9, 2019 | $1.03 | normal |
Jul 19, 2019 | Aug 20, 2019 | May 2, 2019 | $1.03 | normal |
Apr 18, 2019 | May 20, 2019 | Apr 10, 2019 | $0.86 | normal |
Jan 18, 2019 | Feb 20, 2019 | Dec 12, 2018 | $0.86 | normal |
Oct 19, 2018 | Nov 20, 2018 | Oct 10, 2018 | $0.86 | normal |
Jul 19, 2018 | Aug 20, 2018 | Jun 13, 2018 | $0.86 | normal |
Apr 20, 2018 | May 19, 2018 | Apr 11, 2018 | $0.78 | normal |
Jan 19, 2018 | Feb 20, 2018 | Dec 13, 2017 | $0.78 | normal |
Oct 20, 2017 | Nov 20, 2017 | Oct 11, 2017 | $0.78 | normal |
Jul 18, 2017 | Aug 19, 2017 | Jun 14, 2017 | $0.78 | normal |
Apr 20, 2017 | May 20, 2017 | $0.77 | normal | |
Jan 18, 2017 | Feb 18, 2017 | Dec 14, 2016 | $0.77 | normal |
Oct 20, 2016 | Nov 19, 2016 | Oct 12, 2016 | $0.77 | normal |
Jul 18, 2016 | Aug 20, 2016 | Jun 8, 2016 | $0.77 | normal |
Apr 21, 2016 | May 20, 2016 | Apr 13, 2016 | $0.77 | normal |
Jan 15, 2016 | Feb 20, 2016 | Dec 9, 2015 | $0.77 | normal |
Oct 22, 2015 | Nov 20, 2015 | Oct 14, 2015 | $0.77 | normal |
Jul 16, 2015 | Aug 20, 2015 | Jun 10, 2015 | $0.77 | normal |
Caterpillar's payout ratio of 28.7% is above the industry average but below the Industrials sector and its peers average. Compared to its Industrials sector average of 30.9%, Caterpillar's payout ratio is 7% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CMI Cummins Inc | 2.82% | $6.5 | 32.9% |
CAT Caterpillar Inc | 1.99% | $5.1 | 28.7% |
DE Deere & Co | 1.38% | $5.05 | 14.9% |
GE General Electric Co | 0.27% | $0.32 | 3.6% |
Yes, Caterpillar has paid five dividends in the last 12 months. CAT has been paying dividends since 1994.
Currently CAT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in January 2024.
Caterpillar's last dividend ex-date was on Oct 20, 2023. The dividend amount was $1.3 per share.
On an annual basis CAT pays $5.1 per share.
Caterpillar's current dividend yield is 1.99%.
Caterpillar pays dividends quarterly.
Caterpillar's dividend payout ratio is 28.7%.
Caterpillar's dividend yield is higher than the Industrials sector average.