Eaton Increases Quarterly Dividend by 9%

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02/29/2024 - 12:40 PM

Dividend payable March 29, 2024

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, an increase of 9% over its last quarterly dividend. The dividend is payable March 29, 2024, to shareholders of record at the close of business on March 11, 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.