Eaton Corporation, PLC (ETN) To Go Ex-Dividend on May 8th

Eaton Corporation, PLC (NYSE:ETN) announced a quarterly dividend on Tuesday, April 21st. Investors of record on Friday, May 8th will be paid a dividend of 1.10 per share by the industrial products company on Friday, May 29th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 8th.

Eaton has increased its dividend by an average of 0.1%annually over the last three years. Eaton has a payout ratio of 36.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Eaton to earn $15.30 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 28.8%.

Eaton Price Performance

ETN opened at $410.94 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.32 and a quick ratio of 0.81. The stock’s 50 day simple moving average is $378.57 and its 200 day simple moving average is $360.25. The firm has a market cap of $159.43 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 2.91 and a beta of 1.24. Eaton has a 1 year low of $296.09 and a 1 year high of $435.43.

Eaton (NYSE:ETN) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, beating the consensus estimate of $2.73 by $0.08. The firm had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.14 billion. Eaton had a return on equity of 25.00% and a net margin of 14.89%.The business’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, analysts predict that Eaton will post 13.3 earnings per share for the current year.

About Eaton

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.