GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Caterpillar Inc (NYSE:CAT) » Definitions » Dividend Yield %

Caterpillar (Caterpillar) Dividend Yield %

: 1.42% (As of Today)
View and export this data going back to 1929. Start your Free Trial

As of today (2024-04-19), the Trailing Annual Dividend Yield of Caterpillar is 1.42%.

Warning Sign:

Caterpillar Inc stock dividend yield is close to 10-year low.

The historical rank and industry rank for Caterpillar's Dividend Yield % or its related term are showing as below:

CAT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.32   Med: 2.44   Max: 4.91
Current: 1.42

During the past 13 years, the highest Dividend Yield of Caterpillar was 4.91%. The lowest was 1.32%. And the median was 2.44%.

CAT's Dividend Yield % is ranked worse than
66.41% of 131 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.06 vs CAT: 1.42

Caterpillar's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25.

During the past 13 years, the highest Dividend Payout Ratio of Caterpillar was 0.90. The lowest was 0.24. And the median was 0.40.

As of today (2024-04-19), the Forward Dividend Yield % of Caterpillar is 1.45%.

Caterpillar's Dividends per Share for the three months ended in Dec. 2023 was $1.30.

During the past 12 months, Caterpillar's average Dividends Per Share Growth Rate was 8.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Caterpillar was 71.00% per year. The lowest was -20.60% per year. And the median was 9.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Caterpillar Dividend Yield % Historical Data

The historical data trend for Caterpillar's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caterpillar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.56 2.26 2.07 1.92 1.69

Caterpillar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.92 2.06 1.95 1.79 1.69

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Caterpillar's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caterpillar Dividend Yield % Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Caterpillar's Dividend Yield % falls into.



Caterpillar Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Caterpillar Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3002024-04-192024-04-222024-05-20Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002024-01-192024-01-222024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-10-202023-10-232023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-07-192023-07-202023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 1.2002023-04-212023-04-242023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Caterpillar's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.4/357.93
=1.79 %

Current Share Price is $357.93.
Caterpillar's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.4.

Caterpillar's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.2/357.93
=1.45 %

Current Share Price is $357.93.
Caterpillar's Dividends per Share for the forward twelve months is calculated as $1.3 * 4 = $5.2.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caterpillar  (NYSE:CAT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Caterpillar Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Caterpillar's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Caterpillar (Caterpillar) Business Description

Address
5205 N. O'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the premier manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with over 13% market share in 2021. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Caterpillar Financial Services provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Executives
Anthony D. Fassino officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Cheryl H Johnson officer: Chief Human Resources Officer 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Joseph E Creed officer: Interim CFO 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Denise C Johnson officer: Group President C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Lange Bob De officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Fish James C Jr director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Judith Fran Marks director C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
David Maclennan director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Suzette M Long officer: Int. Executive Vice President 510 LAKE COOK ROAD, SUITE 100, DEERFILED IL 60015
Daniel M Dickinson director THAYER CAPITAL PARTNERS, 1455 PENNSYLVANIA AVENUE NW, STE 350, WASHINGTON DC 20004
William E Schaupp officer: Chief Accounting Officer PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Gary Michael Marvel officer: Chief Accounting Officer 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Gerald Johnson director 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Ramin Younessi officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
William P Ainsworth officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015