Eaton declares quarterly dividend payable May 24, 2024

Rhea-AI Summary

Eaton, a leading power management company, declared a quarterly dividend of $0.94 per share, payable on May 24, 2024. The company has a long history of dividend payments since 1923 and focuses on sustainable power solutions for various industries. With revenues of $23.2 billion in 2023, Eaton aims to drive the global transition to renewable energy sources.

DUBLIN--(BUSINESS WIRE)-- The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.94 per ordinary share. The dividend is payable May 24, 2024, to shareholders of record at the close of business on May 6, 2024. Eaton has paid dividends on its shares every year since 1923.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240423060588/en/

Jennifer Tolhurst

+1 (440) 523-4006

jennifertolhurst@eaton.com

Source: Eaton

FAQ

What is the dividend amount declared by Eaton for the quarter?

Eaton declared a quarterly dividend of $0.94 per ordinary share.

When will the dividend be payable to shareholders?

The dividend will be payable on May 24, 2024.

Since when has Eaton been paying dividends on its shares?

Eaton has been paying dividends on its shares every year since 1923.

What is Eaton's focus as a company?

Eaton is dedicated to intelligent power management solutions for various markets, aiming to drive the global transition to renewable energy sources.

What were Eaton's revenues in 2023?

Eaton reported revenues of $23.2 billion in 2023.

Where can I find more information about Eaton?

For more information, visit Eaton's website at www.eaton.com or follow them on LinkedIn.