Caterpillar’s 30% Payout Ratio Shows Why Its Dividend Can Survive the Next Recession
Caterpillar (NYSE: CAT) has increased its annual dividend to $6.04 per share, marking 15 consecutive years of increases. The company's conservative 30% earnings and 37% free cash flow payout ratios demonstrate its ability to maintain dividends even during significant economic downturns. Caterpillar has a history of never cutting its dividend, successfully navigating both the 2008 financial crisis and the 2020 pandemic.
https://247wallst.com/investing/2026/01/15/caterpillars-30-payout-ratio-shows-why-its-dividend-can-survive-the-next-recession/