Eaton Declares Quarterly Dividend Payable May 28

Rhea-AI Summary

The Board of Directors of power management company Eaton (NYSE:ETN) has declared a quarterly dividend of $0.76 per ordinary share, payable on May 28 to shareholders of record as of May 14. Eaton has maintained a consistent dividend payment since 1923. The company reported $17.9 billion in revenues in 2020 and serves customers in over 175 countries with approximately 92,000 employees, focusing on sustainable power management solutions.

Positive

• Quarterly dividend of $0.76 per share indicates strong financial health.
• Eaton has paid dividends consistently since 1923, showcasing reliability.
• 2020 revenues of $17.9 billion highlight the company's scale and market presence.

Negative

• None.

The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.76 per ordinary share. The dividend is payable May 28 to shareholders of record at the close of business on May 14. Eaton has paid dividends on its shares every year since 1923.

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 92,000 employees. For more information, visit Eaton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005708/en/

FAQ

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

Eaton has declared a quarterly dividend of $0.76 per ordinary share, payable on May 28, 2023.

When is the record date for Eaton's dividend payment?

The record date for Eaton's dividend payment is May 14, 2023.

How long has Eaton (ETN) been paying dividends?

Eaton has been paying dividends consistently since 1923.

What were Eaton's revenues in 2020?

Eaton reported revenues of $17.9 billion in 2020.

In how many countries does Eaton operate?

Eaton sells products to customers in more than 175 countries.