Caterpillar Boosts Share Buyback Plan, Raises Dividend
CATCaterpillar(CAT) Investopedia·2024-06-13 03:10

Key Takeaways Caterpillar said Wednesday it expanded its share repurchase plan and raised its quarterly dividend. The maker of construction and mining equipment added 20billiontoitscurrentstockbuybackplan,andlifteditsdividendover820 billion to its current stock buyback plan, and lifted its dividend over 8% to 1.41. The company said it plans to return most of its free cash flow from its main business to shareholders. Caterpillar (CAT) said Wednesday that it expanded its stock buyback plan and raised its dividend. The manufacturer of construction and mining equipment a ...