Worth Watching News for Traders: Caterpillar Inc. (NYSE:CAT)

Worth Watching News for Traders: Caterpillar Inc. (NYSE:CAT)

Caterpillar Inc. (NYSE:CAT) stock identified change of 6.88% away from 52-week low price and recently located move of -21.74% off 52-week high price. It has market worth of $67818.03M and dividend yield of 3.45%. CAT stock has been recorded -2.77% away from 50 day moving average and -8.20% away from 200 day moving average. Moving closer, we can see that shares have been trading -5.78% off 20-day moving average.

On Oct. 9, 2019,  The board of directors of Caterpillar Inc. (NYSE:CAT) voted  to maintain the quarterly cash dividend of one dollar and three cents ($1.03) per share of common stock, payable November 20, 2019, to shareholders of record at the close of business on October 21, 2019.

Since 2009, the company’s quarterly cash dividend has more than doubled. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933.

About Caterpillar

For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2018 sales and revenues of $54.722 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment.

The Industrial Goods sector company, Caterpillar Inc. noticed change of 1.25% to $119.44 along volume of 2551053 shares in recent session compared to an average volume of 4046.5K. The stock observed return of -0.43% in 5 days trading activity. The stock was at -8.33% over one month performance. CAT’s shares are at -10.84% for the quarter and driving a -22.11% return over the course of the past year and is now at -6.00% since this point in 2018.

The average volatility for the week at 1.71% and for month was at 1.95%. There are 567.8M shares outstanding and 561.65M shares are floated in market. Right now the stock beta is 1.51.

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Jeffery Knight

Jeffery Knight earned bachelor degree from College with a focus in Business Administration. He is the Senior Editor for Surveypaid.info and Financial section. He also holds an MBA from Michigan State University He has one daughter and one son. Jeffery joined the Surveypaid.info, after more than 15 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. Address: 44069 Wayne Street, Dowagiac, Michigan (MI) 49047, USA Phone Number: 701-271-5710 Email: Jeffery@surveypaid.info 

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