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Monday, April 13, 2009

Cat Declares $0.42 Quarterly Dividend Yeilding 5.75%

Caterpillar Inc. (NYSE: CAT) today declared a quarterly cash dividend of $0.42 per share of common stock, payable May 20, 2009, to stockholders of record at the close of day April 20, 2009.

In order to receive the dividend, investors must own the stock at least one day prior to the ex-dividend date of April 16. The dividend yields 5.75%.

Cat is one of my top Industrial holdings in my industrial folio. Up 23.60% in the last month, down 55.26% in the last year. A perfect buying opportunity.

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