Eaton Increases Quarterly Dividend by 4 Percent
The Board of Directors of power management company Eaton (NYSE:ETN) declared a quarterly dividend of $0.76 per ordinary share, marking a 4% increase from the previous dividend. This dividend is payable on March 30 to shareholders recorded by the close of business on March 16. Eaton has maintained a yearly dividend payout since 1923, reflecting its commitment to shareholder returns. In 2020, Eaton reported revenues of $17.9 billion and operates in over 175 countries, employing around 92,000 people.
- Quarterly dividend increased by 4%, signaling financial strength.
- Eaton has a long history of consistent dividend payments since 1923.
- Company reported strong revenues of $17.9 billion in 2020.
- None.
The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of
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
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