Caterpillar Stock To Go Ex-dividend Tomorrow (CAT)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Caterpillar (NYSE: CAT) is tomorrow, April 18, 2013. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $81.06 as of 10:01 a.m. ET, the dividend yield is 2.5%.

The average volume for Caterpillar has been 6.4 million shares per day over the past 30 days. Caterpillar has a market cap of $53.89 billion and is part of the industrial goods sector and industrial industry. Shares are down 7.8% 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. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Caterpillar Ratings Report.

See our dividend calendar or top-yielding stocks list.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)

Crazy Weak U.S. Dollar Will Make These 10 Companies Huge Winners

Caterpillar May Be Ready to Take a Breather

Cramer: FedEx Will Win Big With Global E-Commerce Growth 'On Steroids'

Look Back to Go Forward