Rockwell Automation Increases Quarterly Dividend From $1.18 To $1.25 Per Share On Common Stock
Portfolio Pulse from Happy Mohamed
Rockwell Automation, Inc. (NYSE:ROK) has increased its quarterly dividend from $1.18 to $1.25 per share on its common stock. The dividend will be payable on Dec. 11, 2023, to shareholders of record as of Nov. 13, 2023. The increase reflects the company's strong operating performance and commitment to returning profits to shareholders.
October 26, 2023 | 8:50 pm
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Rockwell Automation has increased its quarterly dividend, reflecting strong operating performance. This could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could make the stock more attractive to income-focused investors, potentially driving up the stock price in the short term.
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