Rockwell Automation, Inc. (NYSE:ROK) Declares Quarterly Dividend of $1.38

Rockwell Automation, Inc. (NYSE:ROK) announced a quarterly dividend on Tuesday, April 14th. Stockholders of record on Monday, May 18th will be given a dividend of 1.38 per share by the industrial products company on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, May 18th.

Rockwell Automation has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 15 years. Rockwell Automation has a payout ratio of 48.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Rockwell Automation to earn $11.07 per share next year, which means the company should continue to be able to cover its $5.52 annual dividend with an expected future payout ratio of 49.9%.

Rockwell Automation Stock Down 0.6%

ROK opened at $405.21 on Wednesday. Rockwell Automation has a 1-year low of $222.06 and a 1-year high of $438.72. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $45.53 billion, a price-to-earnings ratio of 46.36, a P/E/G ratio of 2.91 and a beta of 1.54. The business has a 50 day moving average of $382.71 and a 200-day moving average of $384.72.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same period in the prior year, the business earned $1.83 earnings per share. Rockwell Automation’s revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, sell-side analysts anticipate that Rockwell Automation will post 9.35 earnings per share for the current year.

About Rockwell Automation

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.