Rockwell Automation Increases Common Stock Dividend 5 Percent to $3.04 Annually
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MILWAUKEE--(BUSINESS WIRE)-- The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK) today declared a quarterly dividend of 76 cents per share on its common stock, payable on Dec. 12, 2016, to shareowners of record at the close of business on Nov. 14, 2016.
“In the prior five fiscal years, we have returned $3.8 billion, or 88 percent of free cash flow, to shareowners through dividends and share repurchases,” said Blake Moret, Rockwell Automation president and CEO. “The 5 percent dividend increase reflects our confidence in Rockwell Automation’s sustainable cash generation and continued commitment to return cash to shareowners while investing in the business.”
Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 22,000 people serving customers in more than 80 countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161102006168/en/
Rockwell Automation, Inc.
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Source: Rockwell Automation, Inc.
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