Caterpillar Inc. Increases Dividend

Rhea-AI Summary

Caterpillar Inc. (NYSE: CAT) announced a 7% increase in its quarterly dividend, raising it by $0.10 to $1.51 per share. The dividend is payable on August 20 to shareholders of record as of July 21. CEO Joe Creed attributed the increase to strong operating performance and successful execution of their enterprise strategy, which has generated robust Machinery, Energy & Transportation free cash flow. The company plans to return substantially all ME&T free cash flow to shareholders through dividends and share repurchases. Notably, Caterpillar has maintained its status as a Dividend Aristocrat, having paid higher annual dividends for 31 consecutive years and maintaining quarterly dividend payments since 1933.

Positive

• Quarterly dividend increased by 7% to $1.51 per share
• 31-year track record of consecutive annual dividend increases
• Strong ME&T free cash flow generation
• Commitment to return substantially all ME&T free cash flow to shareholders
• Maintained position in S&P 500 Dividend Aristocrats Index

Negative

• None.

News Market Reaction – CAT

+1.27%

1 alert

+1.27% News Effect

On the day this news was published, CAT gained 1.27%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

IRVING, Texas, June 11, 2025 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by 10 cents, a seven percent increase, to one dollar and fifty-one cents ($1.51) per share of common stock, payable Aug. 20 to shareholders of record at close of business July 21. Caterpillar expects to continue to return substantially all Machinery, Energy & Transportation (ME&T) free cash flow to shareholders over time through dividends and share repurchases.

"Continued delivery on our enterprise strategy for long-term profitable growth, combined with strong operating performance, has led to robust ME&T free cash flow," said Caterpillar CEO Joe Creed. "We are pleased to increase our quarterly dividend and retain our continued presence on the S&P 500 Dividend Aristocrats Index."

Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. Caterpillar has paid higher annual dividends to shareholders for 31 consecutive years and is recognized as a member of the S&P 500 Dividend Aristocrats Index.

About Caterpillar 
With 2024 sales and revenues of $64.8 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

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SOURCE Caterpillar Inc.

FAQ

What is Caterpillar's (CAT) new quarterly dividend amount for 2025?

Caterpillar's new quarterly dividend is $1.51 per share, representing a $0.10 or 7% increase from the previous amount.

When will Caterpillar (CAT) pay its increased dividend in 2025?

The dividend will be paid on August 20, 2025, to shareholders of record as of July 21, 2025.

How long has Caterpillar (CAT) been increasing its annual dividend?

Caterpillar has increased its annual dividend for 31 consecutive years and has paid quarterly dividends since 1933.

What is Caterpillar's (CAT) dividend policy regarding ME&T free cash flow?

Caterpillar expects to return substantially all Machinery, Energy & Transportation (ME&T) free cash flow to shareholders through dividends and share repurchases.

Is Caterpillar (CAT) a Dividend Aristocrat?

Yes, Caterpillar is a member of the S&P 500 Dividend Aristocrats Index, having increased its dividend for 31 consecutive years.