Caterpillar Dividends and Buybacks
Dividend criteria checks 4/6
Caterpillar is a dividend paying company with a current yield of 1.01% that is well covered by earnings. Next payment date is on 19th February, 2026 with an ex-dividend date of 20th January, 2026.
Key information
1.0%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 7.2% |
| Next dividend pay date | 19 Feb 26 |
| Ex dividend date | 20 Jan 26 |
| Dividend per share | n/a |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Caterpillar Roars On AI Power Demand, But Easy Money Has Been Made (Downgrade)
Jan 05Caterpillar Inc. (NYSE:CAT) Just Reported And Analysts Have Been Lifting Their Price Targets
Aug 07
A Look At The Intrinsic Value Of Caterpillar Inc. (NYSE:CAT)
Jul 18Why Caterpillar Inc. (NYSE:CAT) Could Be Worth Watching
Jul 06The Price Is Right For Caterpillar Inc. (NYSE:CAT)
Jun 24Is Caterpillar (NYSE:CAT) A Risky Investment?
Jun 10We Like Caterpillar's (NYSE:CAT) Returns And Here's How They're Trending
May 17Here's What Analysts Are Forecasting For Caterpillar Inc. (NYSE:CAT) After Its First-Quarter Results
May 02Caterpillar: This Cat Is Out Of Lives For Now (Rating Downgrade)
Apr 15Caterpillar Vs. Deere: Which One Is The Better Buy Amidst Tariffs?
Apr 06Caterpillar: Diversification Without Diworsification; Home Depot Looks Healthy, So Do Others
Mar 12Caterpillar Inc.'s (NYSE:CAT) Price Is Right But Growth Is Lacking
Mar 10Caterpillar: Good Long-Term Story, But Near-Term Woes Keep Me On The Sidelines
Mar 06We Think Caterpillar (NYSE:CAT) Can Stay On Top Of Its Debt
Feb 27Caterpillar: Why The Stock Is Close To Fair Value
Feb 27Do Caterpillar's (NYSE:CAT) Earnings Warrant Your Attention?
Feb 14Analysts Are Updating Their Caterpillar Inc. (NYSE:CAT) Estimates After Its Yearly Results
Feb 03Caterpillar: Q4 Earnings Report Confirms Negative Macroeconomic Outlook, Indicating Margin Contraction
Jan 31Caterpillar (NYSE:CAT) Knows How To Allocate Capital Effectively
Jan 27Caterpillar: Macroeconomic Outlook For 2025 Signals Trouble For Heavy Equipment
Dec 29Caterpillar Is Good, But Not Quite Great
Dec 02Why Caterpillar Is The Industrial Giant I'm Betting On For The Next Decade
Nov 23
Narrative update from Goran Damchevski
CAT is stuck in a downwards cycle that is expected to persist in Q4.Caterpillar Q3: There Are More Pressing Issues Than The Earnings Miss
Oct 30Caterpillar: 4 Major CATalysts
Oct 23Caterpillar: The Macroeconomic Factors Fueling Its Resilience (Rating Upgrade)
Sep 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CAT's dividends per share have been stable in the past 10 years.
Growing Dividend: CAT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Caterpillar Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CAT) | 1.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Machinery) | 1.3% |
| Analyst forecast (CAT) (up to 3 years) | 1.2% |
Notable Dividend: CAT's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CAT's dividend (1.01%) is low compared to the top 25% of dividend payers in the US market (4.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), CAT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), CAT's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/05 17:41 |
| End of Day Share Price | 2026/01/02 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Caterpillar Inc. is covered by 59 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Mircea Dobre | Baird |
| Adam Seiden | Barclays |