GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eaton Corp PLC (NYSE:ETN) » Definitions » 3-Year Dividend Growth Rate

Eaton (ETN) 3-Year Dividend Growth Rate

: 5.60% (As of Dec. 2023)
View and export this data going back to 1948. Start your Free Trial

Eaton's Dividends per Share for the three months ended in Dec. 2023 was $0.86.

The historical rank and industry rank for Eaton's 3-Year Dividend Growth Rate or its related term are showing as below:

ETN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.8   Med: 9.8   Max: 23.4
Current: 5.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton was 23.40% per year. The lowest was 0.80% per year. And the median was 9.80% per year.

ETN's 3-Year Dividend Growth Rate is ranked worse than
63.54% of 1097 companies
in the Industrial Products industry
Industry Median: 11.2 vs ETN: 5.60

During the past 12 months, Eaton's average Dividends Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Eaton's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.34. As of today, Eaton's Dividend Yield % is 1.14%.

Warning Sign:

Eaton Corp PLC stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Eaton's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Eaton's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Eaton's 3-Year Dividend Growth Rate falls into.



Eaton 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Eaton  (NYSE:ETN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Eaton's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.86/ 2.55
=0.34

During the past 13 years, the highest Dividend Payout Ratio of Eaton was 0.60. The lowest was 0.36. And the median was 0.48.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Eaton Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9402024-03-082024-03-112024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.8602023-11-032023-11-062023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.8602023-08-042023-08-072023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.8602023-05-052023-05-082023-05-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Eaton's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.52/310.18
=1.13 %

Current Share Price is $310.18.
Eaton's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.52.

During the past 13 years, the highest Dividend Yield of Eaton was 4.60%. The lowest was 1.04%. And the median was 2.83%.

Warning Sign:

Eaton Corp PLC stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eaton 3-Year Dividend Growth Rate Related Terms>


Eaton (ETN) Business Description

Traded in Other Exchanges
Address
30 Pembroke Road, Eaton House, Dublin, IRL, D04 Y0C2
Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the U.S.
Executives
Sternadt Paulo Ruiz officer: See remarks below 1000 EATON BLVD., CLEVELAND OH 44122
Thomas B Okray officer: See Remarks below. 5008 AIRPORT ROAD NW, ROANOKE VA 24012
Szmagala Taras G. Jr. officer: See remarks below C/O EATON CORPORATION PLC, 1000 EATON BOULEVARD, CLEVELAND OH 44122
Craig Arnold director, officer: See Remarks below. EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Peter Denk officer: See remarks below C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Heath B. Monesmith officer: See Remarks below. 600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Nandakumar Cheruvatath officer: See Remarks below 1000EATON BLVD., CLEVELAND OH 44122
Michael Yelton officer: See remarks below C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Joao V Faria officer: See Remarks below. 1000 EATON BLVD., CLEVELAND OH 44122
Brian S Brickhouse officer: See Remarks below. 1000 EATON BLVD., CLEVELAND OH 44122
Daniel Roy Hopgood officer: See Remarks below. 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Deborah L Mccoy director CONTINENTAL AIRLINES INC., 1600 SMITH ST. HQS FL, HOUSTON TX 77002
Boise April Miller officer: See Remarks below. C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christopher M Connor director THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115-1027
Dorothy C Thompson director 1000 EATON BLVD., CLEVELAND OH 44122