Caterpillar to raise dividends for 32nd consecutive year with 7.3–8.6% hike expected in June

Caterpillar Inc. is set to announce its 32nd consecutive annual dividend increase in June, with a projected boost of 7.3–8.6% to a dividend range of $6.48–$6.56. This follows a strong Q1 2026 performance, where earnings per share grew by 30%, supporting continued dividend growth and a payout ratio of 32%. Other major banks like JPMorgan are also expected to raise dividends by mid-to-high single digits, reflecting steady but moderating earnings growth. While dividend growth remains strong in select sectors, some companies face slower increases due to earnings pressures.