Wednesday, June 13, 2007

Caterpillar and C.R. Bard Announce Dividend Increases

Caterpillar (CAT) announced a 20% increase in the company's 3Q dividend to 36 cents per share versus 30 cents per share in the same period last year. The company's 5-year average dividend growth rate is 11%. The projected payout ratio on estimated 2007 earnings of $5.70 is 25%.

Also, CR Bard (BCR) announced a 7.1% increase in its quarterly dividend to 15 cents per share versus 14 cents per share in the same quarter last year. The company's 5-year average dividend growth rate is 5%. The projected payout ratio on estimated 2007 earnings of $3.78 is 15.1%. BCR is one of Standard & Poor's Dividend Aristocrats.

(click on table/chart for larger image)

Caterpillar in CR Bard Dividend Table. June 13, 2007
Caterpillar and CR Bard stock chart. June 13, 2007


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