Despite the continued down global market conditions Caterpillar is maintaining its quarterly dividend of 77 cents per share for those on record as of October 24th.
The Caterpillar Board of Directors voted to maintain the quarterly dividend. It’s payable November 19th.
Cat CEO Doug Oberhelman says the company has taken action to improve its cost structure, and its balance sheet remains strong. The company is still implementing the massive restructuring efforts announced last year.