Caterpillar Inc. (NYSE:CAT) reported a revenue of $64.8 billion in 2024, demonstrating its industry leadership.
The company announced a dividend of $1.41 per share, reflecting its commitment to shareholder returns.
CAT’s stock reached a high of $324.67, indicating strong investor confidence despite recent financial challenges.
Caterpillar Inc. (NYSE:CAT) is a global leader in manufacturing construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company is set to hold its virtual annual shareholder meeting on June 11, 2025, at 8 a.m. CDT. Shareholders who owned Caterpillar common stock as of April 14, or their legal proxy holders, can participate in the meeting. They will have the opportunity to submit questions and vote on various items, with details available in Caterpillar’s 2025 proxy statement.
In 2024, Caterpillar reported a revenue of $64.8 billion, solidifying its position as a leader in its industry. The company operates through three main segments: Construction Industries, Resource Industries, and Energy & Transportation. Additionally, it offers financing and related services through its Financial Products segment. Despite its strong market presence, Caterpillar’s recent financial performance showed some challenges. On April 30, 2025, the company reported earnings per share of $4.25, slightly below the estimated $4.35, and generated quarterly revenue of approximately $14.25 billion, which fell short of the estimated $14.72 billion.
Caterpillar’s commitment to its shareholders is evident in its dividend announcements. On April 21, 2025, the company declared a dividend of $1.41, with the record date also being April 21, 2025. Shareholders can expect the payment to be made on May 20, 2025. This declaration was made earlier on April 9, 2025, showcasing the company’s dedication to providing returns to its investors despite recent earnings misses.
The company’s stock performance remains strong, with CAT reaching a high of $324.67 recently. This reflects investor confidence in Caterpillar’s long-term strategy and its efforts to build a more sustainable world. As the company continues to navigate the challenges of the global market, its focus on sustainability and innovation will likely play a crucial role in its future success.
