Eaton Dividend
Dividend criteria checks 4/6
Eaton is a dividend paying company with a current yield of 1.21% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
1.2%
Dividend yield
41%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | 24 May 24 |
Ex dividend date | 03 May 24 |
Dividend per share | n/a |
Earnings per share | Mex$8.51 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETN1 N's dividends per share have been stable in the past 10 years.
Growing Dividend: ETN1 N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Eaton Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ETN1 N) | 1.2% |
Market Bottom 25% (MX) | 0% |
Market Top 25% (MX) | 0% |
Industry Average (Electrical) | 0% |
Analyst forecast in 3 Years (ETN1 N) | 1.4% |
Notable Dividend: ETN1 N's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.17%).
High Dividend: ETN1 N's dividend (1.21%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), ETN1 N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51%), ETN1 N's dividend payments are covered by cash flows.