Emerson Increases Quarterly Cash Dividend
ST. LOUIS--(BUSINESS WIRE)--Nov 6, 2018--The board of directors of Emerson (NYSE: EMR) today voted to increase the regular quarterly cash dividend by one-half cent to forty-nine cents ($0.49) per share of common stock payable December 10, 2018 to stockholders of record November 16, 2018.
“Increasing our dividend, as we have done every year since 1956, is a testament to our performance culture and commitment to achieving our long-term strategic and financial goals,” said Emerson Chairman and Chief Executive Officer David N. Farr. “In 2018, we returned more than $2.2 billion to shareholders through dividends and share repurchases and drove improvement in dividends paid as a share of free cash flow. Emerson is focused on delivering value for our shareholders through ongoing dividend growth and financial performance.”
In 2018, Emerson completed 62 consecutive years of increased dividends per share to shareholders.
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Casey Murphy, 314-982-6220
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