Eaton (ETN) will raise its quarterly dividend by 16.7 percent to $0.49 per share in 2014. Last year the industrial company hiked its dividend by 10.5 percent.
Eaton Corporation plc is a power management company. The company’s products include electrical power distribution and control equipment, truck drivetrain systems, engine components, controls and hydraulic products and fluid connectors. Eaton’s Aerospace segment is a supplier of aerospace fuel, hydraulics and pneumatic systems for commercial and military use.