Caterpillar raises quarterly dividend, shares rise

Shares of construction and mining equipment maker Caterpillar CAT.N rise 1.8% to $362.75

Co raises its quarterly dividend by 10 cents to $1.51 per share of common stock

Dividend is payable on Aug. 20 to shareholders of record at close of business on July 21

Co holds a trailing 12-month PE ratio of 17.51 vs industry median of 13.92

YTD, stock has risen 0.1% vs 2.7% rise in benchmark S&P 500 index .SPX