Eaton Dividend Increase
The dividend is payable on 27 March to shareholders of record on 10
March.
ETN’s contribution to DivGro’s projected annual dividend income will
increase by $14.40 to $264.
I own 60 shares of ETN at an average cost basis of $275.50 per share. Following this increase, my yield on cost
is 1.60%. (TSCO’s forward yield is 1.23% at $357.28 per share).
Since I opened my position in March 2025, the stock has delivered a total return of 31%, including $249.60 in dividends. That’s
a spectacular annualized rate of return of 31.2%!
5-Year History of Dividend Payouts by Ex-Date
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $3.04 | $3.24 | $3.44 | $3.76 | $4.16 | ⬆ | $4.40✝ |
| 4.11% | 6.58% | 6.17% | 9.30% | 10.65% | ⬇ | 5.77% |
| 5-year DGR: | 7.34% | ⬆ |
7.68% |
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✝projected, assuming no further changes
