Rockwell Automation Declares Increased Quarterly Dividend of $1.07 Per Share on Common Stock
Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of $1.07 per share, payable on December 10, 2020, to shareholders of record by November 16, 2020. This represents a 5% increase from the previous dividend, demonstrating the company's confidence in its cash generation capabilities. Over the last five fiscal years, Rockwell Automation has returned $5.7 billion to shareholders through dividends and share repurchases, highlighting its commitment to maximizing shareholder value while investing in further business development.
- Quarterly dividend of $1.07 per share reflects a 5% increase.
- Total cash returned to shareholders over five years is $5.7 billion.
- Strong cash flow generation indicates company confidence.
- None.
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK), following its regular quarterly review, today declared a quarterly dividend of
“Our Connected Enterprise strategy generates strong, sustainable cash flow,” said Blake Moret, Rockwell Automation chairman and CEO. “Over the last five fiscal years, we have returned
“The 5 percent increase reflects our confidence in Rockwell Automation’s ability to generate cash throughout the cycle and our commitment to returning cash to shareowners while investing in our business,” said Moret.
About Rockwell Automation
Rockwell Automation Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 23,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing The Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com
