Eaton declares quarterly dividend payable May 26, 2023

Rhea-AI Summary

The Board of Directors of Eaton (NYSE:ETN) declared a quarterly dividend of $0.86 per share, payable on May 26, 2023, to shareholders of record by May 8, 2023. This marks a continued commitment, as Eaton has paid dividends annually since 1923. In 2022, Eaton reported revenues of $20.8 billion and serves customers in over 170 countries. The company focuses on improving life quality and environmental protection while addressing global challenges in power management.

Positive

• Declared quarterly dividend of $0.86 per share, signaling financial health and shareholder return.
• Eaton has a long history of dividend payments since 1923, demonstrating consistency and reliability.
• Reported revenues of $20.8 billion in 2022, showcasing robust business performance.

Negative

• None.

DUBLIN--(BUSINESS WIRE)-- The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.86 per ordinary share. The dividend is payable May 26, 2023, to shareholders of record at the close of business on May 8, 2023. Eaton has paid dividends on its shares every year since 1923.

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. 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, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.

Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230425005737/en/

Jennifer Tolhurst

+1 (440) 523-4006

jennifertolhurst@eaton.com

Source: Eaton

FAQ

What is the dividend amount declared by Eaton (ETN) for May 2023?

Eaton (ETN) declared a dividend of $0.86 per share.

When is Eaton's dividend payable?

The dividend is payable on May 26, 2023.

What date is the record for Eaton's dividend?

Shareholders must be on record by May 8, 2023.

How long has Eaton (ETN) been paying dividends?

Eaton has paid dividends every year since 1923.

What were Eaton's revenues for the year 2022?

Eaton reported revenues of $20.8 billion in 2022.