Caterpillar inc. increases dividend and increases share repurchase authorization

Irving, texas , june 12, 2024 /prnewswire/ -- the board of directors of caterpillar inc. (nyse: cat) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one cents ($1.41) per share of common stock, payable august 20, 2024, to shareholders of record at the close of business on july 22, 2024. the board of directors also added $20 billion to its current share repurchase authorization, which was launched in 2022 with no expiration date.
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