This morning, Caterpillar (NYSE:CAT) declared its quarterly dividend of 42 cents per share, maintaining the amount paid last quarter. Based on the current stock price, investors can expect a yield of about 2.5% going forward.
In morning trading, shares of Caterpillar were showing modest gains, up 0.3% so far.
In other dividend news, Carnival (NYSE:CCL) maintained its quarterly dividend of 10 cents per share. And Sealed Air (NYSE:SEE) maintained its quarterly dividend of 12 cents per share.
Among dividend increases, Healthcare Services Group (NASDAQ:HCSG) announced its quarterly dividend of 22 cents per share, an increase of about 5% over its prior dividend in February of 21 cents. Genesis Energy (NYSE:GEL) announced its quarterly dividend of 36.75 cents per share, an increase of about 2% over its prior dividend in February of 36 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.