Caterpillar says its board has voted to increase the company's quarterly cash dividend by 8 cents.
The sixty cents ($0.60) per share of common is payable Aug. 20 to shareholders of record as of July 22.
Caterpillar Inc. Chairman Doug Oberhelman says the 15 percent increase, along with the company's $1 billion accelerated stock buyback announced in April, support its commitment to boost value for shareholders.
This is Caterpillar's fourth-straight year with a dividend increase.
CAT announces another annual dividend increase
