These 5 Dividend Aristocrats Are on Deadline: Raise Payouts by End of Year or Lose Status
During the company’s third-quarter earnings call in late October, Chief Financial Officer Andrew P. Swiger said that “our long-term capital-allocation priorities remain unchanged.” He pointed to projects with good returns along with maintaining a “strong balance sheet” and “paying the reliable and growing dividend.” In a Nov. 30 press release, the company said it remains committed to a “reliable dividend,” among other goals. In the case of Caterpillar, its chairman and CEO, Donald J. Umpleby, recently touted the importance of being a Dividend Aristocrat. “We are proud of o...
Source: barrons.com