Caterpillar boosts buyback by $20 billion, raises dividend

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Caterpillar News

Share Repurchase,Quarterly Dividend,Morning Trading

With the expanded authorization, the company may now repurchase up to $21.8 billion of its common stock. The company increased its dividend to $1.41 per...

- Caterpillar has raised its quarterly dividend by 8% and its share repurchase authorization by $20 billion, the company said on Wednesday, sending its shares up 2% in morning trading .

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Source: News Formal (newsformal.com)

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