- Practice your dividend trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- The ex-dividend date for Caterpillar Inc (NYSE: CAT) is tomorrow, October 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $84.55 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Caterpillar has been 11.9 million shares per day over the past 30 days. Caterpillar has a market cap of $52.7 billion and is part of the industrial goods sector and industrial industry. Shares are down 13% year to date as of the close of trading on Tuesday. Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The company has a P/E ratio of 13.9, above the average industrial industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7.