Eaton Corporation, PLC ( ETN ) will begin trading ex-dividend on August 01, 2013. A cash dividend payment of $0.42 per share is scheduled to be paid on August 23, 2013. Shareholders who purchased ETN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ETN has paid the same dividend. At the current stock price of $68.3, the dividend yield is 2.46%.
The previous trading day's last sale of ETN was $68.3, representing a -2.31% decrease from the 52 week high of $69.92 and a 61.08% increase over the 52 week low of $42.40.
ETN is a part of the Technology sector, which includes companies such as Danaher Corporation ( DHR ) and ASML Holding N.V. ( ASML ). ETN's current earnings per share, an indicator of a company's profitability, is $3.39. Zacks Investment Research reports ETN's forecasted earnings growth in 2013 as 10.15%, compared to an industry average of 15.9%.
For more information on the declaration, record and payment dates, visit the ETN Dividend History page.
Interested in gaining exposure to ETN through an Exchange Traded Fund [ETF]?
The following ETF(s) have ETN as a top-10 holding:
- Market Vectors Global Alternative Energy ETF ( GEX )
- iShares MSCI USA ESG Select ETF ( KLD )
- Schwab US Dividend Equity ETF ( SCHD )
- Schwab U.S. Large-Cap Value ETF ( SCHV )
- Schwab U.S. Large-Cap ETF ( SCHX ).
The top-performing ETF of this group is GEX with an increase of 33.47% over the last 100 days. It also has the highest percent weighting of ETN at 9.72%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.