By the end of today, March 11, 2024, Rockwell Automation ROK is set to deliver a dividend payout of $1.25 per share, equating to an annualized dividend yield of 1.92%. The company's dividend payout went ex-dividend on February 16, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Rockwell Automation Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-16 | 4 | $1.25 | 1.92% | 2024-02-07 | 2024-02-20 | 2024-03-11 |
| 2023-11-10 | 4 | $1.25 | 1.9% | 2023-10-26 | 2023-11-13 | 2023-12-11 |
| 2023-08-11 | 4 | $1.18 | 1.52% | 2023-06-13 | 2023-08-14 | 2023-09-11 |
| 2023-05-12 | 4 | $1.18 | 1.62% | 2023-04-04 | 2023-05-15 | 2023-06-12 |
| 2023-02-17 | 4 | $1.18 | 1.63% | 2023-02-08 | 2023-02-21 | 2023-03-10 |
| 2022-11-10 | 4 | $1.18 | 1.96% | 2022-10-27 | 2022-11-14 | 2022-12-12 |
| 2022-08-12 | 4 | $1.12 | 2.1% | 2022-06-01 | 2022-08-15 | 2022-09-12 |
| 2022-05-13 | 4 | $1.12 | 1.59% | 2022-04-05 | 2022-05-16 | 2022-06-10 |
| 2022-02-11 | 4 | $1.12 | 1.54% | 2022-02-02 | 2022-02-14 | 2022-03-10 |
| 2021-11-12 | 4 | $1.12 | 1.43% | 2021-10-28 | 2021-11-15 | 2021-12-10 |
| 2021-08-13 | 4 | $1.07 | 1.57% | 2021-06-03 | 2021-08-16 | 2021-09-10 |
| 2021-05-14 | 4 | $1.07 | 1.63% | 2021-04-14 | 2021-05-17 | 2021-06-10 |
Rockwell Automation is the leader in terms of dividend yield compared to its industry peers, with Emerson Electric EMR having the highest annualized dividend yield at 1.91%.
Analyzing Rockwell Automation Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $4.13 in 2020 to $4.79 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Rockwell Automation
From 2020 to 2023, Rockwell Automation has demonstrated an upward trend in earnings, with earnings per share rising from $7.68 to $12.12. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of Rockwell Automation's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $1.25 per share, resulting in an annualized dividend yield of 1.92%.
Rockwell Automation is the leader in terms of dividend yield compared to its industry peers, with Emerson Electric having the highest annualized dividend yield at 1.91%.
Given that Rockwell Automation has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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