The Caterpillar board of directors has declared a quarterly cash dividend of 36 cents per share on its common stock, payable February 20, 2008, to stockholders of record at the close of business January 22, 2008.
The dividend maintains the dividend rate for the previous quarter and is 20 percent higher than the dividend paid one year ago. Caterpillar has paid a dividend every quarter since November 1933 (297 consecutive quarters) and has paid higher dividends in each of the last 14 years.