Rockwell Automation, Inc. (NYSE:ROK – Get Free Report) announced a quarterly dividend on Tuesday, April 14th. Shareholders of record on Monday, May 18th will be given a dividend of 1.38 per share by the industrial products company on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th.
Rockwell Automation has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 15 consecutive years. Rockwell Automation has a payout ratio of 48.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Rockwell Automation to earn $14.36 per share next year, which means the company should continue to be able to cover its $5.52 annual dividend with an expected future payout ratio of 38.4%.
Rockwell Automation Stock Performance
NYSE ROK opened at $448.86 on Friday. Rockwell Automation has a 1 year low of $298.70 and a 1 year high of $463.48. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The stock has a market capitalization of $49.94 billion, a PE ratio of 46.66, a P/E/G ratio of 2.92 and a beta of 1.56. The company’s 50 day simple moving average is $392.93 and its two-hundred day simple moving average is $395.94.
Rockwell Automation Company Profile
Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.
The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.
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