Does Caterpillar Stock Pay Dividends?

Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. For 27 consecutive years, Caterpillar has paid higher annual dividends to shareholders and is recognized as a member of the S&P 500 Dividend Aristocrat Index.

Is Caterpillar a good dividend stock?

Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, CAT is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold).

What is Caterpillar's dividend?

Currently paying a dividend of $1.03 per share, the company has a dividend yield of 2.19%. In comparison, the Manufacturing - Construction and Mining industry's yield is 0.93%, while the S&P 500's yield is 1.38%. In terms of dividend growth, the company's current annualized dividend of $4.44 is up 7.8% from last year.

Sophia Al-Mansoor

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.