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jbog

05/18/22 11:57 AM

#25959 RE: DewDiligence #25951

CAT authorizes new $15B share buyback:

The number of companies issuing new buybacks seems silly at this point in the macro cycle.
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DewDiligence

06/08/22 12:28 PM

#26067 RE: DewDiligence #25951

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).
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DewDiligence

06/14/22 6:00 PM

#26092 RE: DewDiligence #25951

CAT moves corporate headquarters from Illinois to Texas:

https://www.barrons.com/articles/caterpillar-is-moving-to-texas-51655242731

The company says taxes are not the reason for the move, but I don't believe it.