Summary
Caterpillar Inc. (CAT) announced a quarterly cash dividend increase to $0.35 per share, payable on August 20, 2001, to shareholders of record as of July 20, 2001. This represents a 3 percent increase and marks the eighth consecutive year the company has raised its dividend payout. This consistent dividend growth signals a strong commitment by Caterpillar to returning value to its shareholders and reflects confidence in its ongoing financial performance and ability to generate consistent cash flows.
Key Highlights
- 1Caterpillar Inc. declared a quarterly cash dividend of $0.35 per share.
- 2The dividend payment date is August 20, 2001.
- 3Shareholders of record as of July 20, 2001, will receive the dividend.
- 4This represents a 3% increase in the quarterly dividend.
- 5This is the eighth consecutive year Caterpillar has increased its dividend.
- 6The filing falls under Item 5 (Other Events and Regulation FD Disclosure).