You Won’t Want to Miss This: Emerson Electric Declares Surprising Dividend! – Get the details here in this article. Emerson Electric Co., a technology and engineering company, provides various solutions for customers in industrial, commercial, and residential markets in the Americas, Asia, the Middle East, Africa, and Europe and has announced a dividend payout of $0.52 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Emerson Electric reporting total revenue of 18.53 billion USD with a total net income of 4.67 billion USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Emerson Electric’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Emerson Electric to their investment portfolio.
The dividend payout of $0.52 per stock represents a dividend yield of approximately 2.53% based on Emerson Electric’s current market price of $82.22 per stock.
Investors who hold Emerson Electric stocks are likely to benefit from this announcement as they will receive the dividend payout. Emerson Electric’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 11 May 2023. Therefore, investors who wish to receive the dividend must purchase Emerson Electric stocks before 11 May 2023.
Emerson Electric Dividend History | You Won’t Want to Miss This: Emerson Electric Declares Surprising Dividend!
Emerson Electric Dividend – The current dividend yield of Emerson Electric is 2.53%.
| Dividend | Amount | Date |
| Cash Dividend | $0.520 | Feb 16, 2023 |
| Cash Dividend | $0.520 | Nov 9, 2022 |
| Cash Dividend | $0.515 | Aug 11, 2022 |
| Cash Dividend | $0.515 | May 12, 2022 |
| Cash Dividend | $0.515 | Feb 10, 2022 |
| Cash Dividend | $0.515 | Nov 10, 2021 |
Dividend Stocks 2023
Emerson Electric Co., a technology and engineering company, provides various solutions for customers in industrial, commercial, and residential markets in the Americas, Asia, the Middle East, Africa, and Europe.
Emerson Electric management:
President, Chief Executive Officer, and Director – Surendralal Lanca Karsanbhai
Website: emerson.com
Conclusion
In conclusion, Emerson Electric’s dividend announcement of $0.52 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of May 11, 2023, and consider adding Emerson Electric to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Emerson Electric a good investment?
As per experts, Emerson Electric looks suitable for long-term investment.
Is Emerson Electric Government or Private?
Emerson Electric is a private company.
Is Emerson Electric a dividend-paying stock?
Yes, Emerson Electric is a dividend-paying stock. The current dividend yield of Emerson Electric is 2.53%.
What does Emerson Electric do?
Emerson Electric Co., a technology and engineering company, provides various solutions for customers in industrial, commercial, and residential markets in the Americas, Asia, the Middle East, Africa, and Europe.
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