Emerson Electric Co. (Symbol: EMR) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.4% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Emerson Electric Co. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.92% of the SPDR S&P Dividend ETF (SDY), which holds $206,921,315 worth of EMR shares.
Emerson Electric Co. (Symbol: EMR) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Emerson Electric Co. is $2.06/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/11/2022. Below is a long-term dividend history chart for EMR, which the report stressed as being of key importance.
EMR operates in the Electronic Equipment & Products sector, among companies like General Electric Co (GE), and Eaton Corp plc (ETN).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
