Caterpillar Inc. (CAT) Dividend History

NYSE: CATYield, payment dates, growth and payout ratio.

CAT next dividend

$1.63per share
Ex-dividend dateOct 26Monday, 2026
Payment dateNov 19Thursday, 2026

Ex-dividend in 8 days. Shareholders who own CAT before the ex-dividend date receive this payment.

  • 11 yearsof dividend increases
  • 1982paying since
  • Quarterly4 payments a year
  • +7.2%5-year growth a year
  • 0.89%forward yield

CAT dividend income calculator

Dividend income a year
$652
Each payment
$163
Value of the shares
$73,076
Dividend yield
0.89%

At the latest close; forward annual dividend $6.52 per share, before tax.

CAT dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

CAT dividend safety

Payout ratio (earnings)26.4%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)36.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.2%
Growing · a year on average
Years of increases11
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

CAT yield on cost

Caterpillar Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$527.081.24%$6.161.2%
3 years ago$259.222.52%$17.216.6%
5 years ago$198.183.29%$26.6413.4%
10 years ago$87.227.48%$44.8651.4%
20 years ago$69.089.44%$65.2994.5%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

CAT dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

CAT dividends by year

Caterpillar Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$5.84+7.7%1.02%4
2024$5.42+8.4%1.49%4
2023$5.00+8.2%1.69%4
2022$4.62+7.9%1.93%4
2021$4.28+3.9%2.07%4
2020$4.12+9.0%2.26%4
2019$3.78+15.2%2.56%4
2018$3.28+5.8%2.58%4
2017$3.10+0.6%1.97%4
2016$3.08+4.8%3.32%4
2015$2.94+13.1%4.33%4
2014$2.60—2.84%4
2013$1.72−30.6%1.89%3
2012$2.48—2.77%5
2011$1.80+4.7%1.99%4
2010$1.72+2.4%1.84%4
2009$1.68+7.7%2.95%4
2008$1.56+18.2%3.49%4
2007$1.32+20.0%1.82%4
2006$1.10—1.79%4

CAT dividend history

180 payments
Caterpillar Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-10-262026-11-19$1.63—Quarterly
2026-07-202026-08-19$1.63+7.9%Quarterly
2026-04-202026-05-19$1.51—Quarterly
2026-01-202026-02-19$1.51—Quarterly
2025-10-202025-11-20$1.51—Quarterly
2025-07-212025-08-20$1.51+7.1%Quarterly
2025-04-212025-05-20$1.41—Quarterly
2025-01-212025-02-20$1.41—Quarterly
2024-10-212024-11-20$1.41—Quarterly
2024-07-222024-08-20$1.41+8.5%Quarterly
2024-04-192024-05-20$1.30—Quarterly
2024-01-192024-02-20$1.30—Quarterly
2023-10-202023-11-20$1.30—Quarterly
2023-07-202023-08-18$1.30+8.3%Quarterly
2023-04-212023-05-19$1.20—Quarterly
2023-01-192023-02-17$1.20—Quarterly
Show all 180 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-10-212022-11-18$1.20—Quarterly
2022-07-192022-08-19$1.20+8.1%Quarterly
2022-04-222022-05-20$1.11—Quarterly
2022-01-192022-02-18$1.11—Quarterly
2021-10-222021-11-19$1.11—Quarterly
2021-07-192021-08-20$1.11+7.8%Quarterly
2021-04-232021-05-20$1.03—Quarterly
2021-01-192021-02-19$1.03—Quarterly
2020-10-232020-11-20$1.03—Quarterly
2020-07-172020-08-20$1.03—Quarterly
2020-04-172020-05-20$1.03—Quarterly
2020-01-172020-02-20$1.03—Quarterly
2019-10-182019-11-20$1.03—Quarterly
2019-07-192019-08-20$1.03+19.8%Quarterly
2019-04-182019-05-20$0.86—Quarterly
2019-01-182019-02-20$0.86—Quarterly
2018-10-192018-11-20$0.86—Quarterly
2018-07-192018-08-20$0.86+10.3%Quarterly
2018-04-202018-05-19$0.78—Quarterly
2018-01-192018-02-20$0.78—Quarterly
2017-10-202017-11-20$0.78—Quarterly
2017-07-182017-08-19$0.78+1.3%Quarterly
2017-04-202017-05-20$0.77—Quarterly
2017-01-182017-02-18$0.77—Quarterly
2016-10-202016-11-19$0.77—Quarterly
2016-07-182016-08-20$0.77—Quarterly
2016-04-212016-05-20$0.77—Quarterly
2016-01-152016-02-20$0.77—Quarterly
2015-10-222015-11-20$0.77—Quarterly
2015-07-162015-08-20$0.77+10.0%Quarterly
2015-04-162015-05-20$0.7—Quarterly
2015-01-152015-02-20$0.7—Quarterly
2014-10-162014-11-20$0.7—Quarterly
2014-07-172014-08-20$0.7+16.7%Quarterly
2014-04-162014-05-20$0.6—Quarterly
2014-01-162014-02-20$0.6—Quarterly
2013-10-172013-11-20$0.6—Quarterly
2013-07-182013-08-20$0.6+15.4%Quarterly
2013-04-182013-05-20$0.52—Quarterly
2012-12-202012-12-31$0.52—Quarterly
2012-10-182012-11-20$0.52—Quarterly
2012-07-182012-08-20$0.52+13.0%Quarterly
2012-04-192012-05-19$0.46—Quarterly
2012-01-182012-02-18$0.46—Quarterly
2011-10-202011-11-19$0.46—Quarterly
2011-07-182011-08-20$0.46+4.5%Quarterly
2011-04-202011-05-20$0.44—Quarterly
2011-01-182011-02-19$0.44—Quarterly
2010-10-212010-11-20$0.44—Quarterly
2010-07-162010-08-20$0.44+4.8%Quarterly
2010-04-222010-05-20$0.42—Quarterly
2010-01-152010-02-20$0.42—Quarterly
2009-10-222009-11-20$0.42—Quarterly
2009-07-162009-08-20$0.42—Quarterly
2009-04-162009-05-20$0.42—Quarterly
2009-01-152009-02-20$0.42—Quarterly
2008-10-162008-11-20$0.42—Quarterly
2008-07-172008-08-20$0.42+16.7%Quarterly
2008-04-172008-05-20$0.36—Quarterly
2008-01-172008-02-20$0.36—Quarterly
2007-10-182007-11-20$0.36—Quarterly
2007-07-182007-08-20$0.36+20.0%Quarterly
2007-04-192007-05-19$0.3—Quarterly
2007-01-182007-02-20$0.3—Quarterly
2006-10-192006-11-20$0.3—Quarterly
2006-07-182006-08-19$0.3+20.0%Quarterly
2006-04-202006-05-20$0.25—Quarterly
2006-01-182006-02-18$0.25—Quarterly
2005-10-202005-11-19$0.25—Quarterly
2005-07-202005-08-19$0.25+22.0%Quarterly
2005-04-212005-05-20$0.205—Quarterly
2005-01-182005-02-19$0.205—Quarterly
2004-10-212004-11-20$0.205—Quarterly
2004-07-162004-08-20$0.205+10.8%Quarterly
2004-04-222004-05-20$0.185—Quarterly
2004-01-152004-02-20$0.185—Quarterly
2003-10-162003-11-20$0.185+5.7%Quarterly
2003-07-172003-08-20$0.175—Quarterly
2003-04-162003-05-20$0.175—Quarterly
2003-01-162003-02-20$0.175—Quarterly
2002-10-172002-11-20$0.175—Quarterly
2002-07-182002-08-20$0.175—Quarterly
2002-04-182002-05-20$0.175—Quarterly
2002-01-172002-02-20$0.175—Quarterly
2001-10-182001-11-20$0.175—Quarterly
2001-07-182001-08-20$0.175+2.9%Quarterly
2001-04-192001-05-19$0.17—Quarterly
2001-01-182001-02-20$0.17—Quarterly
2000-10-182000-11-20$0.17—Quarterly
2000-07-182000-08-19$0.17+4.6%Quarterly
2000-04-192000-05-20$0.1625—Quarterly
2000-01-182000-02-19$0.1625—Quarterly
1999-10-211999-11-20$0.1625—Quarterly
1999-07-161999-08-20$0.1625+8.3%Quarterly
1999-04-221999-05-20$0.15—Quarterly
1999-01-151999-02-20$0.15—Quarterly
1998-10-221998-11-20$0.15—Quarterly
1998-07-161998-08-20$0.15+20.0%Quarterly
1998-04-161998-05-20$0.125—Quarterly
1998-01-151998-02-20$0.125—Quarterly
1997-10-161997-11-20$0.125—Quarterly
1997-07-171997-08-20$0.125+25.0%Quarterly
1997-04-171997-05-20$0.1—Quarterly
1997-01-161997-02-20$0.1—Quarterly
1996-10-171996-11-20$0.1—Quarterly
1996-07-181996-08-20$0.1+14.3%Quarterly
1996-04-181996-05-20$0.0875—Quarterly
1996-01-181996-02-20$0.0875—Quarterly
1995-10-191995-11-20$0.0875—Quarterly
1995-07-181995-08-19$0.0875+40.0%Quarterly
1995-04-181995-05-20$0.0625—Quarterly
1995-01-131995-02-18$0.0625+66.7%Quarterly
1994-10-181994-11-19$0.0375—Quarterly
1994-07-141994-08-20$0.0375+100.0%Quarterly
1994-04-191994-05-20$0.0187—Quarterly
1994-01-131994-02-19$0.0187—Quarterly
1993-10-191993-11-20$0.0187—Quarterly
1993-07-141993-08-20$0.0187—Quarterly
1993-04-201993-05-20$0.0187—Quarterly
1993-01-131993-02-20$0.0187—Quarterly
1992-10-201992-11-20$0.0187—Quarterly
1992-07-141992-08-20$0.0187—Quarterly
1992-04-131992-05-20$0.0187—Quarterly
1992-01-141992-02-20$0.0187−50.0%Quarterly
1991-10-151991-11-20$0.0375—Quarterly
1991-07-161991-08-20$0.0375—Quarterly
1991-04-161991-05-20$0.0375—Quarterly
1991-01-151991-02-20$0.0375—Quarterly
1990-10-161990-11-20$0.0375—Quarterly
1990-07-161990-08-20$0.0375—Quarterly
1990-04-171990-05-20$0.0375—Quarterly
1990-01-161990-02-20$0.0375—Quarterly
1989-10-171989-11-20$0.0375—Quarterly
1989-07-141989-08-19$0.0375—Quarterly
1989-04-181989-05-20$0.0375—
1989-01-131989-02-20$0.0375+57.9%
1988-10-181988-11-19$0.0238—
1988-07-141988-08-20$0.0238+1.6%
1988-04-191988-05-20$0.0234—
1988-01-131988-02-20$0.0234+49.6%
1987-10-201987-11-20$0.0156—
1987-07-141987-08-20$0.0156—
1987-04-131987-05-20$0.0156—
1987-01-131987-02-20$0.0156—
1986-10-14—$0.0156—
1986-07-15—$0.0156—
1986-04-15—$0.0156—
1986-01-13—$0.0156—
1985-10-15—$0.0156—
1985-07-16—$0.0156—
1985-04-16—$0.0156—
1985-01-14—$0.0156—
1984-10-16—$0.0156−66.7%
1984-07-16—$0.0469—
1984-04-16—$0.0469—
1984-01-16—$0.0469—
1983-10-18—$0.0469—
1983-07-14—$0.0469—
1983-04-19—$0.0469—
1983-01-14—$0.0469—
1982-10-19—$0.0469−44.4%
1982-07-14—$0.0844—
1982-04-20—$0.0844—
1982-01-14—$0.0844—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

CAT stock split history

  • 2:1July 14, 2005
  • 2:1July 14, 1997
  • 2:1September 6, 1994
  • 3:2July 26, 1976

CAT dividend overview

Caterpillar pays an annual dividend of $6.52 per share, a yield of 0.89% at the latest close, paid quarterly. It paid $5.84 per share in 2025, up 7.7% from 2024. It has raised its dividend for 11 consecutive years. Over five years the dividend grew 7.2% a year on average and over ten years 7.1% a year. The payout ratio is 26.4% of trailing earnings.

Related: CAT cash flow statement, CAT key metrics, CAT chart. See the CAT stock overview for the latest quote and news.

CAT dividends FAQ

Does Caterpillar pay a dividend?

Yes. Caterpillar has paid a regular dividend since 1982, quarterly, most recently $1.63 per share with an ex-dividend date of October 26, 2026.

What is Caterpillar's dividend yield?

Caterpillar's forward annual dividend is $6.52 per share, a dividend yield of 0.89% at the latest close of $730.76.

When is Caterpillar's next dividend?

Caterpillar's next dividend of $1.63 per share goes ex-dividend on October 26, 2026 and is paid on November 19, 2026. Shareholders who own the stock before the ex-dividend date receive it.

How often does Caterpillar pay dividends?

Caterpillar pays dividends quarterly.

How fast is Caterpillar's dividend growing?

Caterpillar's dividend per share grew from $4.12 in 2020 to $5.84 in 2025, 7.2% a year on average over five years; it has increased for 11 years in a row.

What is Caterpillar's dividend payout ratio?

Caterpillar pays out 26.4% of its trailing earnings as dividends and 36.9% of its free cash flow (fiscal 2025).

Has Caterpillar split its stock?

Caterpillar has split its stock 4 times: 2:1 on July 14, 2005, 2:1 on July 14, 1997, 2:1 on September 6, 1994, 3:2 on July 26, 1976. Dividends per share on this page are adjusted for splits.

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