Eaton Corporation, PLC (NYSE:ETN) Announces Quarterly Dividend of $1.10

Eaton Corporation, PLC (NYSE:ETN) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Friday, August 7th will be paid a dividend of 1.10 per share by the industrial products company on Friday, August 28th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 7th.

Eaton has raised its dividend by an average of 0.1%per year over the last three years. Eaton has a payout ratio of 36.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Eaton to earn $15.71 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 28.0%.

Eaton Trading Up 1.1%

Eaton stock opened at $407.47 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75. The firm has a 50-day moving average of $403.79 and a 200-day moving average of $382.08. The company has a market cap of $158.22 billion, a price-to-earnings ratio of 39.83, a P/E/G ratio of 2.59 and a beta of 1.18. Eaton has a one year low of $311.92 and a one year high of $436.74.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, beating analysts’ consensus estimates of $2.73 by $0.08. The firm had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The business’s revenue was up 16.8% compared to the same quarter last year. During the same period last year, the company earned $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. On average, equities analysts expect that Eaton will post 13.35 earnings per share for the current fiscal year.

Eaton Company Profile

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.