Ct Automotive Regulatory News (CTA)

12 Dec 2007 15:56

Caterpillar Inc12 December 2007 December 12, 2007 FOR IMMEDIATE RELEASE Caterpillar Inc. Maintains Dividend Rate PEORIA, IL - The Board of Directors of Caterpillar Inc. (NYSE: CAT)today declared a quarterly cash dividend of thirty-six cents ($0.36) per shareon its common stock, payableFebruary 20, 2008, to stockholders of record at theclose of business January 22, 2008. "All of Team Caterpillar is focused on improving safety, quality,velocity and profitability which enable Caterpillar to continue its long historyof rewarding stockholders with quarterly dividends," said CaterpillarChairman and Chief Executive Officer Jim Owens. The $0.36 dividend maintains the dividend rate for the previous quarter and is20 percent higher than the dividend paid one year ago. Caterpillar has paid adividend every quarter since November 1933 (297 consecutive quarters) and haspaid higher dividends in each of the last 14 years. For more than 80 years, Caterpillar Inc. has been making progress possible anddriving positive and sustainable change on every continent. With 2006 sales andrevenues of $41.517 billion, Caterpillar is the world's leading manufacturer ofconstruction and mining equipment, diesel and natural gas engines and industrialgas turbines. The company also is a leading services provider throughCaterpillar Financial Services, Caterpillar Remanufacturing Services,Caterpillar Logistics Services and Progress Rail Services. More information isavailable at http://www.cat.com/. SAFE HARBORCertain statements in this release relate to future events and expectations andas such constitute forward-looking statements involving known and unknownfactors that may cause actual results of Caterpillar Inc. to be different fromthose expressed or implied in the forward-looking statements. In this context,words such as "will" and "expect" or other similar words and phrases oftenidentify forward-looking statements made on behalf of Caterpillar. It isimportant to note that actual results of the company may differ materially fromthose described or implied in such forward-looking statements based on a numberof factors and uncertainties, including, but not limited to, changes in economicconditions; currency exchange or interest rates; political stability; marketacceptance of the company's products and services; significant changes in thecompetitive environment; epidemic diseases; changes in law, regulations and taxrates; and other general economic, business and financing conditions and factorsdescribed in more detail in the company's Form 10-K filed with the Securitiesand Exchange Commission on February 23, 2007. This filing is available on ourwebsite at http://www.cat.com/sec_filings. We do not undertake to update ourforward-looking statements. This information is provided by RNS The company news service from the London Stock Exchange