Caterpillar Stock To Go Ex-dividend Tomorrow (CAT)

NEW YORK ( TheStreet) -- The ex-dividend date for Caterpillar (NYSE: CAT) is tomorrow, July 18, 2013. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $88.67 as of 9:31 a.m. ET, the dividend yield is 2.7%.

The average volume for Caterpillar has been 6.5 million shares per day over the past 30 days. Caterpillar has a market cap of $57.48 billion and is part of the industrial goods sector and industrial industry. Shares are down 1.6% 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.

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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, increase in stock price during the past year 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.

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