Caterpillar Draws Fresh Dividend Attention After 31st Straight Payout Increase
Recent coverage casts the equipment maker as a dividend-growth choice supported by a growing services business.
Overview
- Caterpillar pays a $1.51 quarterly dividend after a 7.1% raise in June 2025, marking 31 consecutive years of increases.
- The stock’s dividend yield stood at about 1.30% as of September 26, based on the latest reports.
- Outlets highlight 2024 sales and revenues near $65 billion and leadership in construction and mining equipment, engines, and turbines.
- Management is expanding services and financing, including Cat Financial, to drive steadier, recurring revenue and reduce cyclicality.
- Analysts cite durable advantages including substantial intellectual property, customer switching costs, and nearly 160 independent dealers operating roughly 2,800 locations worldwide.