By Stephen Nakrosis

 

Caterpillar Inc. increased its quarterly cash dividend by 8% to $1.11 a share.

The new dividend will be payable on August 20 to shareholders of record at the close of business on July 20, the company said.

Caterpillar said it has paid a cash dividend every year since it's founding and has paid quarterly dividends since 1933.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

June 09, 2021 11:29 ET (15:29 GMT)

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