Caterpillar Inc. Plans Quarterly Dividend of $0.77 (CAT)

30 April, 2017, 02:09 | Author: Valerie Burke
  • CAT+Dividend+History+Chart

They now have a Dollars 102 price target on the stock. Patten Group Inc. now owns 1,148 shares of the company's stock valued at $100,000 after buying an additional 5 shares during the period.

Comparatively, Caterpillar Inc. posted earnings of $0.97 per share in the same quarter past year. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Northstar Group Inc. now owns 2,377 shares of the industrial products company's stock valued at $219,000 after buying an additional 8 shares during the last quarter.

CAT has been the subject of a number of research analyst reports. On average, equities research analysts anticipate that Caterpillar Inc. will post $3.07 earnings per share for the current fiscal year. Jefferies Group analyst S. Volkmann now forecasts that the industrial products company will post earnings per share of $3.80 for the year, up from their previous estimate of $2.85. The company has dropped -77.29% in past 3 months and in the last five trades has moved down -8.85%. The industrial products company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.66. The firm has a 50-day moving average price of $95.41 and a 200 day moving average price of $89.72. 1,571,930 shares of the stock were exchanged. Caterpillar Inc.is in the Farm & Construction Machinery industry and Industrial Goods sector. Caterpillar has a consensus rating of "Hold" and an average target price of $91.94. Capital Research Global Investors increased its stake in Caterpillar by 4.8% in the third quarter. Financial Architects Inc now owns 1,215 shares of the industrial products company's stock worth $113,000 after buying an additional 65 shares during the last quarter.

Caterpillar, Inc. had its "hold" rating reiterated by analysts at Stifel Nicolaus.

Raymond James Financial, Inc. raised the target price of Caterpillar Inc. Corporate insiders own 0.15% of the company's stock.

There are now 586,486,000 shares in issue with a current share value of 102.35 giving Caterpillar Inc. a market capitalisation of 60.03B United States dollars. Caterpillar has a 1-year low of $69.04 and a 1-year high of $105.98. The float short is 4.12%, with the short ratio at a value of 4.32. The company's market cap is $61.38 billion.

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Caterpillar Inc. (CAT) is now showing its ROA (Return on Assets) of -0.1%.

The company's expected revenue in the current quarter to be 9.27 Billion, seeing a projected current quarter growth of -7.5%, and per annum growth estimates over the next 5 year period of around 26.17%. Caterpillar's revenue for the quarter was up 3.8% compared to the same quarter previous year. The shares were sold at an average price of $97.90, for a total value of $380,243.60.

The business also recently disclosed a quarterly dividend, which was paid on Saturday, February 18th.

On 11/10/2016 Daniel M Dickinson, Director, sold 950 with an average share price of $93.52 per share and the total transaction amounting to $88,844.00. Following the completion of the purchase, the insider now directly owns 10,230 shares of the company's stock, valued at approximately $1,016,043.60. The disclosure for this sale can be found here. Investors of record on Monday, April 24th will be issued a dividend of $0.77 per share.

On 12/14/2016 Caterpillar announced a quarterly dividend of $0.77 3.26% with an ex dividend date of 1/18/2017 which will be payable on 2/18/2017. This represents a $3.08 dividend on an annualized basis and a yield of 3.22%. The number of shares now owned by investors are 585.8 mln. Caterpillar has a dividend payout ratio of 95.4% meaning its dividend is now covered by earnings, but may not be in the future if the company's earnings tumble.

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