Credit: Shutterstock photoEaton Corporation, PLC ( ETN ) will begin trading ex-dividend on May 04, 2016. A cash dividend payment of $0.57 per share is scheduled to be paid on May 20, 2016. Shareholders who purchased ETN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.64% increase over the same period a year ago. At the current stock price of $63.46, the dividend yield is 3.59%.
The previous trading day's last sale of ETN was $63.46, representing a -14.03% decrease from the 52 week high of $73.82 and a 37.39% increase over the 52 week low of $46.19.
ETN is a part of the Technology sector, which includes companies such as Danaher Corporation ( DHR ) and Thermo Fisher Scientific Inc ( TMO ). ETN's current earnings per share, an indicator of a company's profitability, is $4.13. Zacks Investment Research reports ETN's forecasted earnings growth in 2016 as -.19%, compared to an industry average of 1.2%.
For more information on the declaration, record and payment dates, visit the ETN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ETN through an Exchange Traded Fund [ETF]?
The following ETF(s) have ETN as a top-10 holding:
- PowerShares WilderHill Progressive Energy Portfolio ( PUW )
- VanEck Vectors Global Alternative Energy ETF ( GEX ).
The top-performing ETF of this group is PUW with an increase of 8.36% over the last 100 days. It also has the highest percent weighting of ETN at 2.77%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
