Eaton Corporation, PLC ( ETN ) will begin trading ex-dividend on March 09, 2018. A cash dividend payment of $0.66 per share is scheduled to be paid on March 23, 2018. Shareholders who purchased ETN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over prior dividend payment.
The previous trading day's last sale of ETN was $81.03, representing a -9.82% decrease from the 52 week high of $89.85 and a 16.06% increase over the 52 week low of $69.82.
ETN is a part of the Technology sector, which includes companies such as ASML Holding N.V. ( ASML ) and Thermo Fisher Scientific Inc ( TMO ). ETN's current earnings per share, an indicator of a company's profitability, is $6.68. Zacks Investment Research reports ETN's forecasted earnings growth in 2018 as 10.64%, compared to an industry average of 12.1%.
Interested in gaining exposure to ETN through an Exchange Traded Fund [ETF]?
The following ETF(s) have ETN as a top-10 holding:
- PowerShares WilderHill Progressive Energy Portfolio ( PUW )
- PowerShares Russell Top 200 Pure Value Portfolio ( PXLV )
- John Hancock Multifactor Industrials ETF ( JHMI )
- Hartford Multifactor U.S. Equity ETF ( ROUS )
- ProShares Equities for Rising Rates ETF ( EQRR ).
The top-performing ETF of this group is EQRR with an increase of 21.57% over the last 100 days. PUW has the highest percent weighting of ETN at 2.54%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.