PEORIA, IL – The board of directors of Caterpillar Inc. have voted to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable February 20, 2015, to stockholders of record at the close of business on January 20, 2015.

“After reporting third-quarter profit improvement, strong cash flow for the first nine months of the year and continued balance sheet strength, I am pleased to announce we are maintaining Caterpillar’s dividend,” said Caterpillar chairman and CEO Doug Oberhelman.

“For the full year, the $1.6 billion of dividends paid and $4.2 billion of stock repurchases make 2014 a record year for return of capital – and clearly demonstrate our commitment to deliver superior returns to stockholders.”

Caterpillar has paid higher dividends to its stockholders for 21 consecutive years, and since 1998, the company’s cash dividend has more than quadrupled. Including the announcement today, Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933.