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Eaton Raises Quarterly Dividend by 9.3%

Provided by Dow Jones

Feb 29, 2024 6:03pm

By Colin Kellaher

Eaton's board has raised the power-management company's quarterly dividend by 9.3%, to 94 cents from 86 cents.

The new payout, equal to $3.76 a year, represents an annual yield of about 1.3% based on Thursday's midday price of $288.61, up from 1.19%.

The Dublin-based company said the increased dividend is payable March 29 to shareholders of record March 11.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 29, 2024 13:03 ET (18:03 GMT)

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