CAT Dividend History & Analysis | 1.7% Yield

CAT has a dividend yield of 1.7% and paid 5.94 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.74%
Payout Ratio 24.7%
Growth Rate CAGR 5y 8.08%
Consistency Lifetime 68.3%
Yield on Cost 5y 3.53%
Payout FCF 26.8%
Streak Years 21
Dividend Rating 58.88%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 77.8%
Total Return 5y: 290.3%

Top Dividend Payers in Construction Machinery & Heavy Transportation Equipment

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
8TRA 18,885 M 5.60% 8.90%
DTG 37,176 M 5.0% 6.62%
PCAR 64,792 M 2.59% 6.04%
GBX 1,580 M 3.23% 3.86%
WAC 1,498 M 2.65% 4.41%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
8TRA 18,885 M 61.5% 89.1%
ALG 2,316 M 21.0% 96.1%
WAB 39,578 M 20.1% 97.3%
DTG 37,176 M 20.9% 98.8%
FSS 6,584 M 11.7% 86.3%

Quality Dividend Peers in Construction Machinery & Heavy Transportation Equipment

ALSN
Allison Transmission
 1.15% Yield
CMI
Cummins
 1.99% Yield
PLOW
Douglas Dynamics
 4.03% Yield

CAT Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-20 2026-01-20 2026-02-19 Quarterly 1.51 0% 0.24%
2025-10-20 2025-10-20 2025-11-20 Quarterly 1.51 0% 0.29%
2025-07-21 2025-07-21 2025-08-20 Quarterly 1.51 7.1% 0.36%
2025-04-21 2025-04-21 2025-05-20 Quarterly 1.41 0% 0.49%
2025-01-21 2025-01-21 2025-02-20 Quarterly 1.41 0% 0.36%
2024-10-21 2024-10-21 2024-11-20 Quarterly 1.41 0% 0.36%
2024-07-22 2024-07-22 2024-08-20 Quarterly 1.41 8.5% 0.41%
2024-04-19 2024-04-22 2024-05-20 Quarterly 1.3 0% 0.36%
2024-01-19 2024-01-22 2024-02-20 Quarterly 1.3 0% 0.46%
2023-10-20 2023-10-23 2023-11-20 Quarterly 1.3 0% 0.52%
2023-07-20 2023-07-21 2023-08-18 Quarterly 1.3 8.3% 0.49%
2023-04-21 2023-04-24 2023-05-19 Quarterly 1.2 0% 0.54%
2023-01-19 2023-01-20 2023-02-17 Quarterly 1.2 0% 0.48%
2022-10-21 2022-10-24 2022-11-18 Quarterly 1.2 0% 0.67%
2022-07-19 2022-07-20 2022-08-19 Quarterly 1.2 8.1% 0.69%
2022-04-22 2022-04-25 2022-05-20 Quarterly 1.11 0% 0.49%
2022-01-19 2022-01-20 2022-02-18 Quarterly 1.11 0% 0.48%
2021-10-22 2021-10-25 2021-11-19 Quarterly 1.11 0% 0.55%
2021-07-19 2021-07-20 2021-08-20 Quarterly 1.11 7.8% 0.55%
2021-04-23 2021-04-26 2021-05-20 Quarterly 1.03 0% 0.45%
2021-01-19 2021-01-20 2021-02-19 Quarterly 1.03 0% N/A
2020-10-23 2020-10-26 2020-11-20 Quarterly 1.03 0% N/A
2020-07-17 2020-07-20 2020-08-20 Quarterly 1.03 0% N/A
2020-04-17 2020-04-20 2020-05-20 Quarterly 1.03 0% N/A
2020-01-17 2020-01-21 2020-02-20 Quarterly 1.03 0% N/A
2019-10-18 2019-10-21 2019-11-20 Quarterly 1.03 0% N/A
2019-07-19 2019-07-22 2019-08-20 Quarterly 1.03 19.8% N/A
2019-04-18 2019-04-22 2019-05-20 Quarterly 0.86 0% N/A
2019-01-18 2019-01-22 2019-02-20 Quarterly 0.86 0% N/A
2018-10-19 2018-10-22 2018-11-20 Quarterly 0.86 0% N/A
2018-07-19 2018-07-20 2018-08-20 Quarterly 0.86 10.3% N/A
2018-04-20 2018-04-23 2018-05-19 Quarterly 0.78 0% N/A
2018-01-19 2018-01-22 2018-02-20 Quarterly 0.78 0% N/A
2017-10-20 2017-10-23 2017-11-20 Quarterly 0.78 0% N/A
2017-07-18 2017-07-20 2017-08-19 Quarterly 0.78 1.3% N/A
2017-04-20 2017-04-24 2017-05-20 Quarterly 0.77 0% N/A
2017-01-18 2017-01-20 2017-02-18 Quarterly 0.77 0% N/A
2016-10-20 2016-10-24 2016-11-19 Quarterly 0.77 0% N/A
2016-07-18 2016-07-20 2016-08-20 Quarterly 0.77 0% N/A
2016-04-21 2016-04-25 2016-05-20 Quarterly 0.77 0% N/A
2016-01-15 2016-01-20 2016-02-20 Quarterly 0.77 0% N/A
2015-10-22 2015-10-26 2015-11-20 Quarterly 0.77 0% N/A
2015-07-16 2015-07-20 2015-08-20 Quarterly 0.77 10% N/A
2015-04-16 2015-04-20 2015-05-20 Quarterly 0.7 0% N/A
2015-01-15 2015-01-20 2015-02-20 Quarterly 0.7 0% N/A
2014-10-16 2014-10-20 2014-11-20 Quarterly 0.7 0% N/A
2014-07-17 2014-07-21 2014-08-20 Quarterly 0.7 16.7% N/A
2014-04-16 2014-04-21 2014-05-20 Quarterly 0.6 0% N/A
2014-01-16 2014-01-21 2014-02-20 Quarterly 0.6 0% N/A
2013-10-17 2013-10-21 2013-11-20 Quarterly 0.6 0% N/A

CAT Dividend FAQ

Caterpillar Inc. (NYSE: CAT) is a diversified manufacturer of heavy-duty equipment and power systems. Its four core operating segments are: Construction Industries (asphalt pavers, excavators, loaders, etc.); Resource Industries (mining shovels, trucks, autonomous-ready vehicles, and related services); Energy & Transportation (diesel-electric locomotives, generator sets, turbines, compressors); and Financial Products (leasing, financing, insurance). A smaller “All Other” segment provides parts, logistics, dealer services, and digital solutions. The company, founded in 1925 and based in Irving, Texas, serves customers worldwide across construction, mining, energy, and rail markets.

What is the Dividend Yield of CAT?

As of February 2026, CAT`s dividend yield is 1.74%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.94 USD by the current share price of 657.36.

Does CAT pay a dividend?

As of February 2026, CAT paid a dividend of 5.94 USD in the last 12 months. The last dividend was paid on 2026-01-20 and the payout was 1.51 USD.

How often does CAT pay dividends?

CAT pays dividends quarterly. Over the last 12 months, CAT has issued 4 dividend payments. The last dividend payment was made on 2026-01-20.

CAT dividend forecast

Based on historical data, the forecasted dividends per share for CAT for the next 4 payments are between 1.501 (-0.6%) and 1.573 (+4.2%).
This suggests the dividend will remain relatively stable.

Will CAT pay dividends in 2026?

The latest dividend paid per share was 1.51 USD with an Ex-Dividend Date of 2026-01-20. The next Ex-Dividend date for Caterpillar (CAT) is currently unknown.

What is the next Ex-Dividend Date for CAT?

The next Ex-Dividend date for Caterpillar (CAT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CAT?

CAT's average dividend growth rate over the past 5 years is 8.08% per year.
Strong growth: CAT's Dividend growth is outpacing inflation.

What is the Yield on Cost of CAT?

CAT's 5-Year Yield on Cost is 3.53%. If you bought CAT's shares at 168.44 USD five years ago, your current annual dividend income (5.94 USD per share, trailing 12 months) equals 3.53% of your original purchase price.

What is the Payout Consistency of CAT?

CAT Payout Consistency is 68.3%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Unstable: Caterpillar has an inconsistent track record of dividend payments over its lifetime.

Does CAT have a good Dividend Yield?

CAT`s 1.74% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of CAT?

The Dividend Payout Ratio of CAT is 24.7%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of CAT?

CAT`s Overall Dividend Rating is 58.88%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CAT Outstanding Shares Analysis

What is the Trend in CAT's Outstanding Shares?

Caterpillar's outstanding shares have decreased by approximately 3.82% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has CAT ever had a Stock Split?

Yes, the last stock split was on Jul 14, 2005 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 782,272,000
1986 788,368,000 +0.78%
1987 811,320,000 +2.91%
1988 811,304,000 -0%
1989 800,000,000 -1.39%
1990 771,428,600 -3.57%
1991 740,000,000 -4.07%
1992 766,666,700 +3.6%
1993 807,476,600 +5.32%
1994 800,000,000 -0.93%
1995 778,947,400 -2.63%
1996 757,692,300 -2.73%
1997 734,200,000 -3.1%
1998 734,200,000
1999 706,849,300 -3.73%
2000 689,361,700 -2.47%
2001 687,200,000 -0.31%
2002 688,600,000 +0.2%
2003 685,224,000 -0.49%
2004 713,300,000 +4.1%
2005 678,000,000 -4.95%
2006 643,900,000 -5.03%
2007 617,500,000 -4.1%
2008 602,100,000 -2.49%
2009 626,400,000 +4.04%
2010 641,400,000 +2.39%
2011 650,000,000 +1.34%
2012 669,300,000 +2.97%
2013 649,600,000 -2.94%
2014 616,000,000 -5.17%
2015 582,300,000 -5.47%
2016 585,800,000 +0.6%
2017 596,400,000 +1.81%
2018 587,600,000 -1.48%
2019 556,100,000 -5.36%
2020 549,500,000 -1.19%
2021 542,600,000 -1.26%
2022 520,900,000 -4%
2023 507,000,000 -2.67%
2024 486,700,000 -4%
2025 469,000,000 -3.64%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-25 02:15