Emerson Electric Raises Its Dividend

Emerson Electric (EMR) just announced a very small dividend increase. The payout will rise from 47.5 cents to 48 cents per share. That’s usually not a big deal, but this will be (I believe), the company’s 60th annual dividend increase in a row.

Here’s a chart of dividend increase (from Yahoo Finance) going back to 1972:

eight

I think they announced the tiny increase just to keep the streak alive. Still, it’s an impressive achievement.

Posted by on November 1st, 2016 at 10:55 am


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