CATERPILLAR INC (CAT) closed fiscal year 2025 with 465 M shares outstanding and a dividend of 5.94 USD per share.
CATERPILLAR INC (CAT) closed fiscal year 2025 with 465 M shares outstanding and a dividend of 5.94 USD per share. Over the year the share count fell by 12.6 M shares on a net basis. Since 2007 the share count has shrunk by 29.4 %. The dividend per share was 5.94 USD, up 7.4 % year on year. Total dividends paid came to 2.75 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 660M | 602M | 625M | 639M | 648M | 655M | 638M | 606M | 582M | 587M | 598M | 576M | 550M | 545M | 536M | 516M | 499M | 478M | 465M |
| Shares issued — SBC/options | — | 0.00M | 23.2M | 14.1M | 8.70M | 7.50M | 0.00M | 0.00M | 0.00M | 4.20M | 11.1M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares issued (%) | — | 0.00 % | 3.71 % | 2.21 % | 1.34 % | 1.15 % | 0.00 % | 0.00 % | 0.00 % | 0.72 % | 1.86 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Shares repurchased | — | -58.0M | 0.00M | 0.00M | 0.00M | 0.00M | -17.2M | -31.6M | -23.9M | 0.00M | 0.00M | -22.1M | -25.4M | -4.80M | -9.40M | -19.6M | -16.9M | -21.5M | -12.6M |
| Shares repurchased (%) | — | -9.64 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | -2.70 % | -5.21 % | -4.10 % | 0.00 % | 0.00 % | -3.84 % | -4.62 % | -0.88 % | -1.75 % | -3.80 % | -3.38 % | -4.50 % | -2.71 % |
| Net addition/reduction | — | -58.0M | 23.2M | 14.1M | 8.70M | 7.50M | -17.2M | -31.6M | -23.9M | 4.20M | 11.1M | -22.1M | -25.4M | -4.80M | -9.40M | -19.6M | -16.9M | -21.5M | -12.6M |
| Net addition/reduction (%) | — | -9.64 % | 3.71 % | 2.21 % | 1.34 % | 1.15 % | -2.70 % | -5.21 % | -4.10 % | 0.72 % | 1.86 % | -3.84 % | -4.62 % | -0.88 % | -1.75 % | -3.80 % | -3.38 % | -4.50 % | -2.71 % |
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.38 | 1.62 | 1.68 | 1.74 | 1.82 | 2.02 | 2.32 | 2.70 | 3.01 | 3.08 | 3.11 | 3.36 | 3.95 | 4.12 | 4.36 | 4.71 | 5.10 | 5.53 | 5.94 |
| Payout Ratio (%) | 23.86 % | 26.79 % | 114.97 % | 40.15 % | 23.52 % | 28.46 % | 29.32 % | 66.07 % | 69.94 % | — | 242.84 % | 31.74 % | 34.99 % | 74.82 % | 35.94 % | 36.39 % | 24.80 % | 24.52 % | 30.94 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 0.85B | 0.95B | 1.03B | 1.08B | 1.16B | 1.62B | 1.11B | 1.62B | 1.76B | 1.80B | 1.83B | 1.95B | 2.13B | 2.24B | 2.33B | 2.44B | 2.56B | 2.65B | 2.75B |
| Dividend Yield (%) | 1.89 % | 3.79 % | 2.87 % | 1.86 % | 2.04 % | 2.33 % | 2.55 % | 2.87 % | 4.39 % | 3.31 % | 1.96 % | 2.67 % | 2.66 % | 2.31 % | 2.11 % | 1.97 % | 1.72 % | 1.52 % | 1.02 % |
Figures in USD
