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Article: Caterpillar Maintains Dividend Rate - Marks Milestone Achievement of 300 Consecutive Quarters of Dividend Payments.
- Article from:
- PR Newswire
- Article date:
- October 8, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Caterpillar has paid a dividend each quarter since November 1933
PEORIA, Ill., Oct. 8 /PRNewswire-FirstCall/ -- The Board of Directors of Caterpillar Inc. today declared a quarterly cash dividend of forty-two ($0.42) cents per share of common stock, payable November 20, 2008, to stockholders of record at the close of business October 20, 2008. With this announcement, Caterpillar has completed its 75th year -- 300 consecutive quarters -- of paying dividends to stockholders
"Since paying that first dividend three-quarters of a century ago in the midst of the great depression, Caterpillar has faced many challenging economic circumstances including those ...