Eaton's most recent quarterly dividend was on Nov 3, 2023 (ex-date) with a cash dividend payment of $0.86 per share. On an annualized basis, the company has a current payout of $3.44 per share. This brings the dividend yield to 1.52% based on its recent close price.
Eaton's dividend yield of 1.52% is above the Industrials sector and the industry average. But compared to its Industrials sector average of 1.47%, Eaton's dividend yield is only 3.4% higher. The current dividend yield is below the historical average of 2.5% of the last 5 years.
Eaton has been paying dividends since 1994. ETN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 6% for the last year. But since the stock price has gone up by 44% from a year ago, the dividend yield has decreased by 26%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 3, 2023 | Nov 24, 2023 | Oct 24, 2023 | $0.86 | normal |
| Aug 4, 2023 | Aug 25, 2023 | Jul 26, 2023 | $0.86 | normal |
| May 5, 2023 | May 26, 2023 | Apr 25, 2023 | $0.86 | normal |
| Mar 3, 2023 | Mar 24, 2023 | Feb 23, 2023 | $0.86 | normal |
| Nov 9, 2022 | Nov 30, 2022 | Oct 25, 2022 | $0.81 | normal |
| Aug 11, 2022 | Aug 26, 2022 | Jul 27, 2022 | $0.81 | normal |
| May 12, 2022 | May 27, 2022 | Apr 26, 2022 | $0.81 | normal |
| Mar 10, 2022 | Mar 31, 2022 | Feb 23, 2022 | $0.81 | normal |
| Nov 10, 2021 | Nov 30, 2021 | Oct 27, 2021 | $0.76 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 28, 2021 | $0.76 | normal |
| May 13, 2021 | May 28, 2021 | Apr 28, 2021 | $0.76 | normal |
| Mar 15, 2021 | Mar 30, 2021 | Feb 24, 2021 | $0.76 | normal |
| Nov 5, 2020 | Nov 20, 2020 | Oct 27, 2020 | $0.73 | normal |
| Aug 13, 2020 | Aug 28, 2020 | Jul 22, 2020 | $0.73 | normal |
| May 13, 2020 | May 29, 2020 | Apr 22, 2020 | $0.73 | normal |
| Mar 12, 2020 | Mar 27, 2020 | Feb 25, 2020 | $0.73 | normal |
| Oct 31, 2019 | Nov 15, 2019 | Oct 22, 2019 | $0.71 | normal |
| Aug 1, 2019 | Aug 16, 2019 | Jul 23, 2019 | $0.71 | normal |
| May 2, 2019 | May 17, 2019 | Apr 23, 2019 | $0.71 | normal |
| Mar 7, 2019 | Mar 22, 2019 | Feb 27, 2019 | $0.71 | normal |
| Nov 1, 2018 | Nov 16, 2018 | Oct 23, 2018 | $0.66 | normal |
| Aug 2, 2018 | Aug 17, 2018 | Jul 24, 2018 | $0.66 | normal |
| May 3, 2018 | May 18, 2018 | Apr 24, 2018 | $0.66 | normal |
| Mar 9, 2018 | Mar 23, 2018 | Feb 28, 2018 | $0.66 | normal |
| Nov 2, 2017 | Nov 17, 2017 | Oct 24, 2017 | $0.6 | normal |
| Aug 2, 2017 | Aug 18, 2017 | Jul 25, 2017 | $0.6 | normal |
| May 3, 2017 | May 19, 2017 | Apr 25, 2017 | $0.6 | normal |
| Mar 2, 2017 | Mar 17, 2017 | Feb 22, 2017 | $0.6 | normal |
| Nov 3, 2016 | Nov 18, 2016 | Oct 25, 2016 | $0.57 | normal |
| Aug 3, 2016 | Aug 19, 2016 | Jul 26, 2016 | $0.57 | normal |
| May 4, 2016 | May 20, 2016 | Apr 26, 2016 | $0.57 | normal |
| Mar 3, 2016 | Mar 18, 2016 | Feb 24, 2016 | $0.57 | normal |
| Nov 5, 2015 | Nov 20, 2015 | Oct 27, 2015 | $0.55 | normal |
| Jul 30, 2015 | Aug 21, 2015 | Jul 21, 2015 | $0.55 | normal |
Eaton's payout ratio of 45.9% is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 30.9%, Eaton's payout ratio is 49% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EMR Emerson Electric Co | 2.38% | $2.09 | 9.1% |
| AOS Smith A O Corp | 1.58% | $1.22 | 60.7% |
| ETN Eaton Corp plc | 1.52% | $3.44 | 45.9% |
| AME Ametek Inc | 0.62% | $0.97 | 17.4% |
Yes, Eaton has been paying dividends for the last 29 years.
Currently ETN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Eaton's last dividend ex-date was on Nov 3, 2023. The dividend amount was $0.86 per share.
On an annual basis ETN pays $3.44 per share.
Currently Eaton's dividend yield is 1.52%.
Eaton pays four dividends per year.
Eaton's dividend payout ratio is 45.9%.
Eaton's dividend yield is similar to the Industrials sector average.