In this section of the page, you will find all the information you need to understand how Caterpillar (CAT) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Caterpillar dividend
Change(%)
-30.77%
Decrease
Next payment 0.9$
Next payment date Mar 14, 2024
Last payment 1.3$
Last payment date Nov 20, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/12/24
Estimated

Caterpillar will distribute 0,9 dollars per share in the form of a dividend on March 14, 2024.

The February 12, 2024 is the ex-dividend date. So if you wish to receive Caterpillar dividends, you must buy one day before this date.

Caterpillar distributed 1.3 dollars per share in the form of a dividend on November 20, 2023.

Caterpillar Inc., listed in New York under the CAT symbol, is recognized as one of the 500 companies on the Dividend Aristocrats list, as it has consistently paid dividends since its listing on the stock exchange.

The annual amount payable is decided by the Shareholders' Meeting, which remains stable with some periodic increases, and is paid quarterly, in four installments per year, regularly in February, May, August and November, recording a yield of approximately 2.10% with a price-earnings ratio of approximately 15.50.

Payout Ratio Caterpillar Dividends

Caterpillar paid 2% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Caterpillar's earnings (66,587,000,832.00$) are sufficient to cover the dividend payment. This payment represents 2% of the total net profit of CAT.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Caterpillar

This is the Dividend Calendar of Caterpillar in 2023.

Event Day
Last trading date February 9, 2024
Ex-Dividend (Ex-Date) February 12, 2024
Record date March 13, 2024
Date of payment March 14, 2024
Dividends schedule Caterpillar
Data pending official confirmation from the company Caterpillar (CAT).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Caterpillar

Over the past 5 years, Caterpillar has steadily increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Caterpillar vs. the sector

Caterpillar's dividend yield (2.04%) is below the sector average (3.66%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Caterpillar's dividend yield is below the top 75% (2.67%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Caterpillar

In the last 5 years, Caterpillar's annual dividend amount has not fallen more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Caterpillar

In this table you can see the dividend history of Caterpillar:

YearEx-DividendAmountTotal
2023
10/20/2023
07/19/2023
04/21/2023
01/19/2023
1.3 $
1.3 $
1.2 $
1.2 $
5 $
2022
10/21/2022
07/19/2022
04/22/2022
01/19/2022
1.2 $
1.2 $
1.11 $
1.11 $
4.62 $
2021
10/22/2021
07/19/2021
04/23/2021
01/19/2021
1.11 $
1.11 $
1.03 $
1.03 $
4.28 $
2020
10/23/2020
07/17/2020
04/17/2020
01/17/2020
1.03 $
1.03 $
1.03 $
1.03 $
4.12 $
2019
10/18/2019
07/19/2019
04/18/2019
01/18/2019
1.03 $
1.03 $
0.86 $
0.86 $
3.78 $
2018
10/19/2018
07/19/2018
04/20/2018
01/19/2018
0.86 $
0.86 $
0.78 $
0.78 $
3.28 $
2017
10/20/2017
07/18/2017
04/20/2017
01/18/2017
0.78 $
0.78 $
0.77 $
0.77 $
3.1 $
2016
10/20/2016
07/18/2016
04/21/2016
01/15/2016
0.77 $
0.77 $
0.77 $
0.77 $
3.08 $
2015
10/22/2015
07/16/2015
04/16/2015
01/15/2015
0.77 $
0.77 $
0.7 $
0.7 $
2.94 $
2014
10/16/2014
07/17/2014
04/16/2014
01/16/2014
0.7 $
0.7 $
0.6 $
0.6 $
2.6 $
2013
10/17/2013
07/18/2013
04/18/2013
0.6 $
0.6 $
0.52 $
1.72 $
2012
12/20/2012
10/18/2012
07/18/2012
04/19/2012
01/18/2012
0.52 $
0.52 $
0.52 $
0.46 $
0.46 $
2.48 $
2011
10/20/2011
07/18/2011
04/20/2011
01/18/2011
0.46 $
0.46 $
0.44 $
0.44 $
1.8 $
2010
10/21/2010
07/16/2010
04/22/2010
01/15/2010
0.44 $
0.44 $
0.42 $
0.42 $
1.72 $
2009
10/22/2009
07/16/2009
04/16/2009
01/15/2009
0.42 $
0.42 $
0.42 $
0.42 $
1.68 $
2008
10/16/2008
07/17/2008
04/17/2008
01/17/2008
0.42 $
0.42 $
0.36 $
0.36 $
1.56 $
2007
10/18/2007
07/18/2007
04/19/2007
01/18/2007
0.36 $
0.36 $
0.3 $
0.3 $
1.32 $
2006
10/19/2006
07/18/2006
04/20/2006
01/18/2006
0.3 $
0.3 $
0.25 $
0.25 $
1.1 $
2005
10/20/2005
07/20/2005
04/21/2005
01/18/2005
0.25 $
0.25 $
0.205 $
0.205 $
0.91 $
2004
10/21/2004
07/16/2004
04/22/2004
01/15/2004
0.205 $
0.205 $
0.185 $
0.185 $
0.78 $
2003
10/16/2003
07/17/2003
04/16/2003
01/16/2003
0.185 $
0.175 $
0.175 $
0.175 $
0.71 $
2002
10/17/2002
07/18/2002
04/18/2002
01/17/2002
0.175 $
0.175 $
0.175 $
0.175 $
0.7 $
2001
10/18/2001
07/18/2001
04/19/2001
01/18/2001
0.175 $
0.175 $
0.17 $
0.17 $
0.69 $
2000
10/18/2000
07/18/2000
04/19/2000
01/18/2000
0.17 $
0.17 $
0.1625 $
0.1625 $
0.665 $
1999
10/21/1999
07/16/1999
04/22/1999
01/15/1999
0.1625 $
0.1625 $
0.15 $
0.15 $
0.625 $
1998
10/22/1998
07/16/1998
04/16/1998
01/15/1998
0.15 $
0.15 $
0.125 $
0.125 $
0.55 $
1997
10/16/1997
07/17/1997
04/17/1997
01/16/1997
0.125 $
0.125 $
0.1 $
0.1 $
0.45 $
1996
10/17/1996
07/18/1996
04/18/1996
01/18/1996
0.1 $
0.1 $
0.0875 $
0.0875 $
0.375 $
1995
10/19/1995
07/18/1995
04/18/1995
01/13/1995
0.0875 $
0.0875 $
0.0625 $
0.0625 $
0.3 $
1994
10/18/1994
07/14/1994
04/19/1994
01/13/1994
0.0375 $
0.0375 $
0.01875 $
0.01875 $
0.1125 $
1993
10/19/1993
07/14/1993
04/20/1993
01/13/1993
0.01875 $
0.01875 $
0.01875 $
0.01875 $
0.075 $
1992
10/20/1992
07/14/1992
04/13/1992
01/14/1992
0.01875 $
0.01875 $
0.01875 $
0.01875 $
0.075 $
1991
10/15/1991
07/16/1991
04/16/1991
01/15/1991
0.0375 $
0.0375 $
0.0375 $
0.0375 $
0.15 $
1990
10/16/1990
07/16/1990
04/17/1990
01/16/1990
0.0375 $
0.0375 $
0.0375 $
0.0375 $
0.15 $
1989
10/17/1989
07/14/1989
04/18/1989
01/13/1989
0.0375 $
0.0375 $
0.0375 $
0.0375 $
0.15 $
1988
10/18/1988
07/14/1988
04/19/1988
01/13/1988
0.02375 $
0.02375 $
0.023375 $
0.023375 $
0.09425 $
1987
10/20/1987
07/14/1987
04/13/1987
01/13/1987
0.015625 $
0.015625 $
0.015625 $
0.015625 $
0.0625 $
1986
10/14/1986
07/15/1986
04/15/1986
01/13/1986
0.015625 $
0.015625 $
0.015625 $
0.015625 $
0.0625 $
1985
10/15/1985
07/16/1985
04/16/1985
01/14/1985
0.015625 $
0.015625 $
0.015625 $
0.015625 $
0.0625 $
1984
10/16/1984
07/16/1984
04/16/1984
01/16/1984
0.015625 $
0.046875 $
0.046875 $
0.046875 $
0.15625 $
1983
10/18/1983
07/14/1983
04/19/1983
01/14/1983
0.046875 $
0.046875 $
0.046875 $
0.046875 $
0.1875 $
1982
10/19/1982
07/14/1982
04/20/1982
01/14/1982
0.046875 $
0.084375 $
0.084375 $
0.084375 $
0.3 $
1969
10/14/1969
07/08/1969
04/08/1969
01/09/1969
0.025 $
0.025 $
0.025 $
0.025 $
0.1 $
1968
10/08/1968
07/09/1968
01/10/1968
0.025 $
0.025 $
0.025 $
0.075 $
1967
10/10/1967
07/11/1967
04/11/1967
01/11/1967
0.025 $
0.025 $
0.025 $
0.025 $
0.1 $
1966
10/10/1966
07/12/1966
04/11/1966
01/11/1966
0.025 $
0.025 $
0.025 $
0.025 $
0.1 $
1965
10/08/1965
07/09/1965
04/14/1965
01/15/1965
0.020833 $
0.020833 $
0.020833 $
0.020833 $
0.083332 $
1964
10/15/1964
07/15/1964
04/15/1964
01/15/1964
0.016667 $
0.016667 $
0.016667 $
0.0125 $
0.062501 $
1963
10/15/1963
07/16/1963
04/16/1963
01/15/1963
0.0125 $
0.0125 $
0.0125 $
0.010417 $
0.047917 $
1962
10/16/1962
07/17/1962
04/16/1962
01/16/1962
0.010417 $
0.010417 $
0.010417 $
0.010417 $
0.041668 $
Dividend history of Caterpillar

Caterpillar dividend capture strategy

Step 1: Buy Caterpillar shares (CAT) one day before ex-dividend date
Date of purchase Feb 9, 2024
Next ex-dividend date Feb 12, 2024
Step 2: Sell Caterpillar shares (CAT) when the price recovers.
Date of sale (estimated) Feb 13, 2024
Average price recovery 1 days
Average return on cost 0.62%
The dividend capture strategy is based on historical Caterpillar data. Past performance is no guarantee of future results.

Information about Caterpillar

Full name Caterpillar Inc.
Ticker CAT
Sector Energy
Industry Farm & Heavy Construction Machinery
Market Capitalization 129.91B $
ISIN N/A
Number of Employees 109,100
Address 5205 North O'Connor Boulevard, Suite 100, Irving, TX, 75039, United States
Phone 972 891 7700
Website https://www.caterpillar.com
Description of the company

Caterpillar Inc. is the world's largest equipment and machinery manufacturing corporation, with its headquarters located in Illinois, United States, and a leading position in the construction, agriculture, engine and mining industries.

Its origin dates back to 1890 when Daniel Best and Benjamin Holt, separately devised steam tractors to be used in agricultural farms, soon developed them in such a way that they were used in the First World War, but it was not until 1925 when they joined both companies forming Caterpillar Tractor Co.

Over the years they have made several deals that have made it the world's leading engine manufacturer, the most important being the creation of subsidiaries abroad, starting with Great Britain, their association with Mitsubishi Heavy Industries Limited in Japan, the acquisition of Perkins Engines in the United Kingdom and the incorporation of the German brand MaK Motoren, also merging with Bucyrus International Inc.

Its product line has diversified over time, producing, marketing and distributing more than 300 types of machinery, including motor graders, power generation equipment, spare parts, work clothing, apparel and even gifts, as well as rental stores and distributors of used and refurbished equipment of the brand.

Frequently asked questions about Caterpillar dividends

Caterpillar pays dividends on a Quarterly basis.

Caterpillar is listed on the New York Stock Exchange and is part of the Nyse.

Caterpillar has the Ticker or stock code CAT.

Caterpillar belongs to the Energy sector and the Farm & Heavy Construction Machinery industry.

The CEO of Caterpillar in 2023 is Mr. D. James Umpleby III.

At this moment, the value of a Caterpillar share is 255.19$.

Caterpillar has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

Caterpillar Forum

Check the latest comments and participate in the live chat on Caterpillar stocks (CAT).
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments