Caterpillar Dividends and Buybacks
Dividend criteria checks 5/6
Caterpillar is a dividend paying company with a current yield of 1.46% that is well covered by earnings. Next payment date is on 20th February, 2025 with an ex-dividend date of 21st January, 2025.
Key information
1.5%
Dividend yield
5.3%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -6.9% |
| Next dividend pay date | 20 Feb 25 |
| Ex dividend date | 21 Jan 25 |
| Dividend per share | US$5.640 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Caterpillar: Macroeconomic Outlook For 2025 Signals Trouble For Heavy Equipment
Dec 29What Is Caterpillar Inc.'s (NYSE:CAT) Share Price Doing?
Dec 08
Caterpillar Is Good, But Not Quite Great
Dec 02Why Caterpillar Is The Industrial Giant I'm Betting On For The Next Decade
Nov 23We Ran A Stock Scan For Earnings Growth And Caterpillar (NYSE:CAT) Passed With Ease
Nov 13Caterpillar Q3: There Are More Pressing Issues Than The Earnings Miss
Oct 30Is Caterpillar Inc. (NYSE:CAT) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 27Caterpillar: 4 Major CATalysts
Oct 23Returns on Capital Paint A Bright Future For Caterpillar (NYSE:CAT)
Oct 15Does Caterpillar (NYSE:CAT) Have A Healthy Balance Sheet?
Oct 04Caterpillar: The Macroeconomic Factors Fueling Its Resilience (Rating Upgrade)
Sep 22Caterpillar Inc.'s (NYSE:CAT) Earnings Are Not Doing Enough For Some Investors
Sep 16Caterpillar: Why I'd Wait Before Adding To Existing Position (Rating Downgrade)
Aug 29At US$342, Is It Time To Put Caterpillar Inc. (NYSE:CAT) On Your Watch List?
Aug 23Dividend Resilience: Unveiling Caterpillar's Secret Sauce
Aug 20Caterpillar: Every Good Tale Must Come To An End
Aug 02Why I Remain Bullish On Caterpillar Dividends
Jul 21Caterpillar (NYSE:CAT) Will Pay A Larger Dividend Than Last Year At $1.41
Jul 19Here's Why Caterpillar (NYSE:CAT) Has Caught The Eye Of Investors
Jul 16Investors Shouldn't Overlook Caterpillar's (NYSE:CAT) Impressive Returns On Capital
Jul 05Estimating The Intrinsic Value Of Caterpillar Inc. (NYSE:CAT)
Jun 24Caterpillar: Material Downside To Consensus Estimates
Jun 18Caterpillar Inc.'s (NYSE:CAT) Price Is Right But Growth Is Lacking
Jun 13Caterpillar: Continued Upgrades Will Drive A Re-Rating; Buy
Jun 12Is There Now An Opportunity In Caterpillar Inc. (NYSE:CAT)?
May 22Caterpillar: The Dividend Aristocrat With A Growth Engine, A One-Stop Shop
May 18Is Caterpillar (NYSE:CAT) A Risky Investment?
May 11Caterpillar Inc. Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 27Caterpillar: Market Leading Compounder With Limited Valuation Upside
Apr 15We Ran A Stock Scan For Earnings Growth And Caterpillar (NYSE:CAT) Passed With Ease
Apr 06The Trend Of High Returns At Caterpillar (NYSE:CAT) Has Us Very Interested
Mar 26Is Caterpillar Inc. (NYSE:CAT) Trading At A 35% Discount?
Mar 15Caterpillar: Delivered Impressive 2023 Earnings, The Stock Is Priced To Perfection
Mar 14The Caterpillar Inc. (NYSE:CAT) Full-Year Results Are Out And Analysts Have Published New Forecasts
Feb 20Caterpillar: Why The Stock Has Upside Potential From Current Levels
Feb 11Upcoming 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) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast (CAT) (up to 3 years) | 1.7% |
Notable Dividend: CAT's dividend (1.46%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CAT's dividend (1.46%) is low compared to the top 25% of dividend payers in the US market (4.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25%), CAT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.3%), 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 | 2025/01/19 03:27 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
Caterpillar Inc. is covered by 66 analysts. 15 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 |
| William Grace | Avondale Partners |
| Mircea Dobre | Baird |