On May 2, 2019, Caterpillar Inc. (the “Company”) issued a press release relating to an Investor Day conference it is hosting in Clayton, North Carolina. The Company announced in the press release, among other items, that its Board of Directors declared a quarterly cash dividend of $1.03 per share of Company common stock, payable on August 20, 2019 to shareholders of record at the close of business on July 22, 2019. The per share dividend of $1.03 is an increase of 20% from the previous quarterly dividend of $0.86 per share.