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Caterpillar Raises Quarterly Dividend 15% to 60 Cents a Share

June 12 (Bloomberg) -- Caterpillar Inc., the world’s largest maker of construction and mining equipment, raised its quarterly dividend 15 percent to 60 cents a share from 52 cents.

The cash dividend is payable Aug. 20 for stockholders of record on July 22, Peoria, Illinois-based Caterpillar said in a statement today.

To contact the reporter on this story: Shruti Date Singh in Chicago at ssingh28@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

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