The increased dividend becomes payable on December 10 to those holding stock as of the November 16 record date. This move elevates the total annual payout to $5.80 per share. Based on the market close of $436.20 last Friday, the new dividend rate offers an annual yield of 1.3%.
Rockwell Automation Increases Quarterly Dividend to $1.45
Shareholders of Rockwell Automation are set to receive a 5% boost in quarterly payouts, with the board of directors raising the dividend from $1.38 to $1.45 per share. This adjustment reflects a continued commitment to returning capital to investors as the company navigates its current fiscal landscape.
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