Emerson Electric Co. (EMR) Raises Quarterly Dividend 15.9% to $0.40; 3.3% Yield

Emerson Electric Co. (NYSE: EMR) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. This is a 15.9% increase from the prior dividend of $0.345.

The dividend will be payable on December 9, 2011, to stockholders of record on November 11, 2011, with an ex-dividend date of November 9, 2011.

The annual yield on the dividend is 3.3 percent.

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