Emerson Electric (EMR) Raises Quarterly Dividend 1% to $0.49; 2.8% Yield
Get Alerts EMR Hot Sheet
Join SI Premium – FREE
Emerson Electric (NYSE: EMR) declared a quarterly dividend of $0.49 per share, or $1.96 annualized. This is a 1% increase from the prior dividend of $0.4850.
The dividend will be payable on December 10, 2018, to stockholders of record on November 16, 2018, with an ex-dividend date of November 15, 2018.
The annual yield on the dividend is 2.8 percent.
“Increasing our dividend, as we have done every year since 1956, is a testament to our performance culture and commitment to achieving our long-term strategic and financial goals,” said Emerson Chairman and Chief Executive Officer David N. Farr. “In 2018, we returned more than $2.2 billion to shareholders through dividends and share repurchases and drove improvement in dividends paid as a share of free cash flow. Emerson is focused on delivering value for our shareholders through ongoing dividend growth and financial performance.”
For a dividend history and other dividend-related data on Emerson Electric (EMR) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
- MGIC Investment (MTG) Announces $750M Share Buyback, Declares $0.115 Dividend
- Parker-Hannifin (PH) Raises Quarterly Dividend 10.1% to $1.63; 1.2% Yield
Create E-mail Alert Related Categories
Dividend Hike, Dividends, Management CommentsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!