Emerson Electric Raises Dividend 7% to $0.595 for 71st Straight Year
Updated
Updated · 24/7 Wall St. · Nov 5
Emerson Electric Raises Dividend 7% to $0.595 for 71st Straight Year
3 articles · Updated · 24/7 Wall St. · Nov 5
Summary
Emerson lifted its quarterly dividend to $0.595 a share from $0.555, with the payment due Dec. 10 and the new annualized yield at about 1.45%.
Free cash flow rose 32.6% in fiscal 2026 to $3.535 billion, and management expects $3.8 billion to $3.9 billion in fiscal 2027 against roughly $1.3 billion in dividend payments.
That implies the payout would consume about 34% of expected free cash flow, leaving room for a planned $2.5 billion in buybacks.
Underlying orders climbed 14% in the fiscal fourth quarter and backlog reached $8.2 billion, up 11%, as LNG, power and semiconductor customers increased automation spending.
The dividend streak now reaches 71 consecutive years, though Emerson remains the most economically sensitive of the four Dividend Kings highlighted, with shares falling 3.96% despite the increase and earnings beat.