Eaton declares $1.04 per share quarterly dividend

DUBLIN - Eaton Corporation (NYSE:ETN), an intelligent power management company with a market capitalization of $146.38 billion, announced Tuesday that its Board of Directors has declared a quarterly dividend of $1.04 per ordinary share, representing a 1.11% yield.

The dividend will be payable on November 21, 2025, to shareholders of record at the close of business on November 6, 2025, according to a press release statement from the company.

Eaton has maintained a consistent record of dividend payments, having paid dividends on its shares annually since 1923, marking over a century of shareholder returns.

The company, which reported revenues of nearly $25 billion in 2024, operates across multiple sectors including data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. Eaton currently serves customers in more than 160 countries.

Founded in 1911, Eaton focuses on power management solutions aimed at addressing electrification and digitalization trends. The company is headquartered in Dublin.

In other recent news, Eaton Corporation has completed a significant $100 million expansion of its manufacturing facility in Nacogdoches, Texas. This expansion more than doubles Eaton’s U.S. production capacity for voltage regulators and three-phase transformers. The first shipment from the expanded facility is set to go to Oncor, Texas’ largest energy delivery company. Additionally, Eaton has been selected by Bell Textron Inc. to design and develop an aerial refueling probe for the U.S. Army’s MV-75 Future Long Range Assault Aircraft, with the project spanning multiple Eaton facilities in the U.S. and UK.

Furthermore, Eaton has announced a strategic partnership with Autodesk aimed at enhancing building lifecycle management. This collaboration will integrate Eaton’s energy management solutions with Autodesk Tandem to optimize electrical system performance. In leadership news, Eaton has appointed Kaled Awada as the new executive vice president and chief human resources officer. Awada will oversee global talent strategy, reporting directly to CEO Paulo Ruiz.

Lastly, Bernstein has reiterated its Outperform rating on Eaton stock, maintaining a $414 price target. The firm noted that while no immediate catalysts are apparent, Eaton’s orders have been de-risked ahead of upcoming quarterly results. These developments reflect Eaton’s ongoing efforts to expand its capabilities and strengthen its market position.

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