NEW YORK ( TheStreet) -- The ex-dividend date for Caterpillar (NYSE: CAT) is tomorrow, January 16, 2014. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $91.68 as of 9:50 a.m. ET, the dividend yield is 2.7%. The average volume for Caterpillar has been 5.1 million shares per day over the past 30 days. Caterpillar has a market cap of $57.2 billion and is part of the industrial goods sector and industrial industry. Shares are down 0.3% 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 17.1, below the S&P 500 P/E ratio of 17.7.
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