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Rockwell Automation Increases Quarterly Dividend 5% to $1.12 Per Share on Common Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Board of Directors of Rockwell Automation (NYSE: ROK) declared a quarterly dividend of $1.12 per share, marking a 5% increase from the previous quarter's $1.07. This dividend will be payable on December 10, 2021, to shareholders on record by November 15, 2021. The increase showcases the company’s strong cash generation and commitment to rewarding shareholders.
Positive
Quarterly dividend increased by 5% to $1.12 per share.
Reflects strong cash generation and commitment to returning cash to shareholders.
Negative
None.
MILWAUKEE--(BUSINESS WIRE)--
The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK), following its regular review, today declared a quarterly dividend of $1.12 per share on its outstanding common stock, payable December 10, 2021 to shareowners of record at the close of business on November 15, 2021. This increase of 5% from last quarter’s dividend of $1.07 reflects continued strong cash generation and reinforces the company’s commitment to returning cash to shareowners.
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 24,000 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.