The Rising Influence of Rising Affluence

[DewDiligence]

CAT increases dividend for 29th consecutive year:

https://finance.yahoo.com/news/caterpillar-inc-increases-dividend-142600079.html

The new annualized dividend is $5.20 (up from $4.80). At the current share price (~$243), the new payout equates to a yield of 2.1%. Although this yield is not that high, CAT has raised the dividend by 17% cumulatively ($4.44—>$5.20) in the past two years (#msg-169089779). Moreover, CAT has an active share-buyback program.