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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1007

Wednesday, 06/08/2022 12:29:16 PM

Wednesday, June 08, 2022 12:29:16 PM

Post# of 1087
CAT boosts annualized dividend to $4.80—(from $4.44)—the_28th_consecutive_year for a dividend hike:

https://finance.yahoo.com/news/caterpillar-inc-increases-dividend-140500714.html

At the current share price (~$231), the new payout represents a yield of 2.1%. The dividend would presumably be higher if CAT didn’t have an aggressive share-buyback program (#msg-168886038).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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