Eaton Corporation, PLC (ETN) to Issue Quarterly Dividend of $1.10 on August 28th

Eaton Corporation, PLC (NYSE:ETN) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Friday, August 7th will be given a dividend of 1.10 per share by the industrial products company on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, August 7th.

Eaton has increased its dividend payment by an average of 0.1%per year over the last three years. Eaton has a dividend payout ratio of 36.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Eaton to earn $15.79 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 27.9%.

Eaton Stock Up 1.4%

ETN opened at $444.36 on Wednesday. Eaton has a 52 week low of $311.92 and a 52 week high of $451.96. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. The firm has a 50-day simple moving average of $406.63 and a two-hundred day simple moving average of $387.08. The company has a market capitalization of $172.59 billion, a PE ratio of 45.20, a price-to-earnings-growth ratio of 2.78 and a beta of 1.18.

Eaton (NYSE:ETN) last released its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Analysts forecast that Eaton will post 13.52 earnings per share for the current fiscal year.

About Eaton

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.