Eaton Corp As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ETN $3.44 6.2% 6.6% 4.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Power Management 1.6% 14 5.4% Quarter 1923

Eaton Corporation plc (ETN) will raise its quarterly dividend by ten percent to $0.66 per share in the first quarter of 2018. Last year the industrial company hiked its dividend by 5.3 percent. The new dividend yield for ETN is 2.9%.

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.