Emerson Electric Co. (NYSE:EMR – Get Free Report) declared a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.555 per share by the industrial products company on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th.
Emerson Electric has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 68 years. Emerson Electric has a payout ratio of 34.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Emerson Electric to earn $7.17 per share next year, which means the company should continue to be able to cover its $2.22 annual dividend with an expected future payout ratio of 31.0%.
Emerson Electric Price Performance
NYSE:EMR opened at $164.38 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a fifty day moving average price of $144.94 and a 200 day moving average price of $142.78. Emerson Electric has a one year low of $122.64 and a one year high of $165.15. The stock has a market cap of $92.07 billion, a P/E ratio of 35.97, a PEG ratio of 2.36 and a beta of 1.24.
About Emerson Electric
Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.
Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.
Recommended Stories
- Five stocks we like better than Emerson Electric
- Paramount’s 30-Film Promise Puts AMC Back in the Box Office Conversation
- DraftKings’ Predictions Push Could Be the Bet That Matters Most
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
