Rockwell Automation Boosts Quarterly Dividend From $1.25 To $1.31 Per Share
Portfolio Pulse from Benzinga Newsdesk
Rockwell Automation has announced an increase in its quarterly dividend from $1.25 to $1.31 per share, payable on December 10, 2024, to shareholders of record as of November 18, 2024.
October 31, 2024 | 8:26 pm
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Rockwell Automation has increased its quarterly dividend from $1.25 to $1.31 per share, indicating a positive outlook and potential shareholder value.
The increase in dividend suggests that Rockwell Automation is confident in its financial stability and future cash flows, which is generally perceived positively by investors. This move is likely to attract income-focused investors and could lead to a short-term increase in stock price.
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