Caterpillar to maintain quarterly dividend

By WEEK Producer

April 9, 2014 Updated Apr 9, 2014 at 10:25 PM CDT

PEORIA, Ill. – The Caterpillar, Inc. Board of Directors voted Wednesday to maintain the quarterly dividend of $0.60 per share of common stock.

The dividend is payable on May 20 to stockholders of record at the close of business on April 21.

“Our global team's 2013 operational performance delivered record cash flow and resulted in the strongest balance sheet in more than 25 years,” said Caterpillar Chairman and CEO Doug Oberhelman.

Caterpillar Inc. will release their 2014 1st Quarter results later this month.