Emerson Declares Dividend

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Cowen Cuts Price Target on Emerson Electric (EMR) Following 3Q

August 5, 2015 7:22 AM EDT

Cowen maintained a Market Perform rating on Emerson (NYSE: EMR), and cut the price target to $52.00 (from $59.00), following 3Q results. EMR reported EPS of $0.84 beating Street estimates by 1¢.

Analyst Gautam Khanna commented, "Q3:F15 EPS of $0.84 optically beat Street by 1¢, but had $0.03 plus from lower... More

Emerson Electric (EMR) Declares $0.47 Quarterly Dividend; 3.7% Yield

August 4, 2015 11:31 AM EDT

Emerson Electric (NYSE: EMR) declared a quarterly dividend of $0.47 per share, or $1.88 annualized.

The dividend will be payable on September 10, 2015, to stockholders of record on August 14, 2015, with an ex-dividend date of August 12, 2015.

The annual yield on the dividend is 3.7 percent.

For... More