Eaton Declares Quarterly Dividend Payable August 28, 2020
The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.73 per ordinary share. The dividend is payable August 28, 2020, to shareholders of record at the close of business on August 14, 2020. Eaton has paid dividends on its shares every year since 1923.
Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2019 revenues were $21.4 billion, and we sell products to customers in more than 175 countries. We have approximately 93,000 employees. For more information, visit Eaton.com.
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Eaton Corp. Stock
With 18 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 304 € shows a slightly positive potential of 10.34% compared to the current price of 275.5 € for Eaton Corp..