Caterpillar is raising its dividend rate for this quarter. The company’s board of directors Board of Directors declared a quarterly cash dividend of 52-cents per share of common stock, payable August 20^th. That’s a thirteen percent increase from the previous quarter and is for those who are stockholders as of July 20^th. Cat Chairman and CEO says the six-cent increase allows the company to maintain its goal of delivering Total Stockholder Return in the upper 25-percent of the S&P 500. Caterpillar has paid a cash dividend every year since the company was formed in 1925.