Tuesday, November 06, 2007

Emerson Electric Increases Dividend 14%

Today Emerson Electric Co. (EMR) announced a 14% increase in the company's quarterly dividend. The new quarterly dividend increases to 30 cents per share versus 26.25 cents per share in the same quarter last year. The projected payout ratio is approximately 40% based on 2008 year end estimated earnings of $2.98. The 5-year payout ratio is approximately 54%.

(click on table for larger image)

emerson electric dividend analysis table November 6, 2007
emerson electric stock chart November 6, 2007

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