Caterpillar(NYSE:CAT) Declares Dividend of $0.7700.

Caterpillar (NYSE:CAT) had declared a cash dividend of $0.7700 on Apr 13, 2016. The shares will quote ex-dividend on Apr 21, 2016 and the record date has been fixed on Apr 25, 2016. At Apr 13, 2016 share price, the yield comes out to be 4.0473%. The dividend payable date has been fixed on May 20, 2016.

In a different note, On Apr 4, 2016, Credit Suisse said it Maintains its rating on Caterpillar. In the research note, the firm Raises the price-target to $72.00 per share. The shares have been rated ‘Outperform’ by the firm. On Mar 24, 2016, OTR Global said it Upgrades its rating on Caterpillar. The shares have been rated ‘Positive’ by the firm. On Mar 18, 2016, Jefferies said it Maintains its rating on Caterpillar. In the research note, the firm Raises the price-target to $63.00 per share. The shares have been rated ‘Hold’ by the firm. On Mar 18, 2016, Citigroup said it Maintains its rating on Caterpillar. In the research note, the firm Raises the price-target to $65.00 per share. The shares have been rated ‘Neutral’ by the firm. On Feb 17, 2016, Credit Suisse said it Maintains its rating on Caterpillar. In the research note, the firm Raises the price-target to $65.21 per share. The shares have been rated ‘Outperform’ by the firm. On Jan 25, 2016, Goldman Sachs said it Downgrades its rating on Caterpillar. The shares have been rated ‘Sell’ by the firm.

Caterpillar (CAT) made into the market gainers list on Fridays trading session with the shares advancing 0.15% or 0.12 points. Due to strong positive momentum, the stock ended at $79.17, which is also near the day’s high of $79.78. The stock began the session at $79.38 and the volume stood at 55,08,520 shares. The 52-week high of the shares is $89.62 and the 52 week low is $56.36. The company has a current market capitalization of $46,102 M and it has 58,23,21,890 shares in outstanding.

Caterpillar(CAT) last announced its earnings results on Jan 28, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $11.03B. Analysts had an estimated revenue of $11.47B. Earnings per share were $0.74. Analysts had estimated an EPS of $0.69.

Several Insider Transactions has been reported to the SEC. On Jul 31, 2015, Bradley M Halverson (Group President & CFO) sold 11,867 shares at $77.11 per share price.Also, On May 12, 2015, Daniel M Dickinson (director) sold 807 shares at $87.10 per share price.

Caterpillar Inc. is a manufacturer of construction and mining equipment diesel and natural gas engines industrial gas turbines and diesel-electric locomotives. The Company principally operates through its three product segments: Resource Industries Construction Industries and Energy & Transportation. The Company also provides financing and related services through its Financial Products segment. It offers its products under the brand names Caterpillar CAT design versions of CAT and Caterpillar Electro-Motive FG Wilson MaK MWM Perkins Progress Rail SEM and Solar Turbines. It operates parts distribution centers at various locations including Morton Illinois; Arvin California; Denver Colorado; Miami Florida; Atlanta Georgia; St. Paul Minnesota and Dubai United Arab Emirates among others. Its subsidiaries include Caterpillar Life Insurance Company Cat Financial and Caterpillar Product Services Corporation (CPSC) among others.

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