Eaton (ETN) will raise its quarterly dividend by 12.2 percent to $0.55 per share in 2015. This follows a double digit dividend hike by the industrial company in each of the past five years.
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.