Eaton (ETN) Dividend Payout Ratio

: 0.34 (As of Dec. 2023)

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Eaton's dividend payout ratio for the months ended in Dec. 2023 was 0.34.

The historical rank and industry rank for Eaton's Dividend Payout Ratio or its related term are showing as below:

ETN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.48 Max: 0.6
Current: 0.38

During the past 13 years, the highest Dividend Payout Ratio of Eaton was 0.60. The lowest was 0.36. And the median was 0.48.

ETN's Dividend Payout Ratio is ranked worse than
56.96% of 1675 companies
in the Industrial Products industry
Industry Median: 0.32 vs ETN: 0.38

As of today (2024-04-18), the Dividend Yield % of Eaton is 1.11%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Eaton was 4.60%. The lowest was 1.04%. And the median was 2.83%.

Eaton's Dividends per Share for the months ended in Dec. 2023 was $0.86.

During the past 12 months, Eaton's average Dividends Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton was 23.40% per year. The lowest was 0.80% per year. And the median was 9.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Eaton Dividend Payout Ratio Historical Data

The historical data trend for Eaton's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.45

0.60

0.46

0.43

0.38

Eaton Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.39	0.46	0.39	0.35	0.34

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Eaton's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eaton Dividend Payout Ratio Distribution

For the Industrial Products industry and Industrials sector, Eaton's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Eaton's Dividend Payout Ratio falls into.

Eaton Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Eaton's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.44	/	9.12
	=	0.38

Eaton's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.86	/	2.55
	=	0.34

Eaton (NYSE:ETN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Eaton Dividend Payout Ratio Related Terms

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Eaton (ETN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eaton Corp PLC (NYSE:ETN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ETN1:Mexico 3EC:Germany 3EC:Germany E1TN34:Brazil

Address

30 Pembroke Road, Eaton House, Dublin, IRL, D04 Y0C2

Website

https://www.eaton.com

Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the U.S.

Executives

Sternadt Paulo Ruiz	officer: See remarks below	1000 EATON BLVD., CLEVELAND OH 44122
Thomas B Okray	officer: See Remarks below.	5008 AIRPORT ROAD NW, ROANOKE VA 24012
Szmagala Taras G. Jr.	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BOULEVARD, CLEVELAND OH 44122
Craig Arnold	director, officer: See Remarks below.	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Peter Denk	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Heath B. Monesmith	officer: See Remarks below.	600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Nandakumar Cheruvatath	officer: See Remarks below	1000EATON BLVD., CLEVELAND OH 44122
Michael Yelton	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Joao V Faria	officer: See Remarks below.	1000 EATON BLVD., CLEVELAND OH 44122
Brian S Brickhouse	officer: See Remarks below.	1000 EATON BLVD., CLEVELAND OH 44122
Daniel Roy Hopgood	officer: See Remarks below.	2135 WEST MAPLE ROAD, TROY MI 48084-7186
Deborah L Mccoy	director	CONTINENTAL AIRLINES INC., 1600 SMITH ST. HQS FL, HOUSTON TX 77002
Boise April Miller	officer: See Remarks below.	C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christopher M Connor	director	THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115-1027
Dorothy C Thompson	director	1000 EATON BLVD., CLEVELAND OH 44122