Friday, February 26, 2016

Dividend Increase - Eaton Corporation plc (ETN)

On Wednesday, February 24, the Board of Directors of power management company Eaton announced a quarterly dividend increase of from $0.55 to $0.57 per ordinary share that’s payable March 18, 2016 to holders of record March 7, 2015. This represents a 3.64 % increase to regular quarterly dividends and this is the 7th consecutive year that ETN has increased its dividend per share. With current price $56.75 (yesterday's open), this raise brings their dividend yield to 4.02 %. 

Since I own 30 shares, this will increase my portfolio's projected annual net dividend income by $1.79.

That increase rises my YOC to 3.62%.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.


  1. Congrats on another raise, Hawk. Its a great time of the year for dividend growth investors, isnt it?


    1. Hi R2R and thanks! You are right, it is nice to get the increase, even if only a small one. You have also received some very nice ones of this year.