Eaton (ETN) Dividend
Eaton Corporation plc · Industrials · Specialty Industrial Machinery · quarterly payer
As of Nov 5, 2026, Eaton (ETN) pays a quarterly dividend of $1.10 per share, or $4.40 a year, a 1.25% yield at its $335.74 share price. The next ex-dividend date is Nov 10, 2026, paid Nov 27, 2026. It has raised its dividend 5 years in a row and has a dividend safety grade of B.
Forward Yield
1.25%
Annual Dividend
$4.40
Payout Ratio
43%
5-Yr Growth
12.9%
Ex-Date
Nov 10, 2026
Frequency
Quarterly
Key facts about ETN's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Eaton Corporation plc (ETN) has a forward dividend yield of 1.25%, based on an annual dividend of $4.40 per share and a share price of $335.74.
- As of Nov 5, 2026, ETN's dividend safety grade from SmarterDividends is B (72 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Eaton Corporation plc (ETN) has raised its dividend for 5 consecutive years as of Nov 5, 2026.
- ETN last cut its regular dividend in 2020.
- ETN's next ex-dividend date is Nov 10, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, ETN pays out 43% of its trailing 12-month earnings as dividends (its payout ratio).
- ETN's dividend has grown at an average rate of 12.9% a year over the past five years.
- As of Nov 5, 2026, ETN's 1.25% yield is 26% below its five-year average yield of 1.68%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ETN is $184.74 per share, 45% below the $335.74 share price, so ETN screens as overvalued.
- Eaton Corporation plc (ETN) pays its dividend quarterly, 4 times a year.
- Eaton Corporation plc (ETN) has raised its regular dividend 39 times and cut it 1 time across the 216 payments on record since 1972. Its most recent change was a 5.8% increase to $1.10 per share, going ex-dividend on Mar 10, 2026. The last cut went ex-dividend on Feb 1, 1983.
- Eaton (ETN) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 5.8%, was declared on Feb 26, 2026.
Cite this page
SmarterDividends, "ETN Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ETN
Is ETN a good dividend stock?
Yes, with caveatsEaton Corporation plc (ETN) pays a quarterly dividend yielding 1.25% ($4.40/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (43%)
- Strong 12.9% 5-yr dividend growth
- 128% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 1.25%
- Payout Ratio
- 43%
- Annual Dividend
- $4.40
- 5-Yr Avg Growth
- 12.9%
- Ex-Dividend Date
- Nov 10, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.14
- Market Cap
- $130.4B
- P/E Ratio
- 33.5
- 5-Yr Total Return
- 128%
- 52-Week Range
- $311.92 – $478.00
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2020)
ETN dividend raises and cuts
Eaton Corporation plc (ETN) has raised its regular dividend 39 times and cut it 1 time across the 216 payments on record since 1972. Its most recent change was a 5.8% increase to $1.10 per share, going ex-dividend on Mar 10, 2026. The last cut went ex-dividend on Feb 1, 1983.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 10, 2026 | Raise | $1.04 → $1.10 | +5.8% |
| Mar 10, 2025 | Raise | $0.940 → $1.04 | +10.6% |
| Mar 8, 2024 | Raise | $0.860 → $0.940 | +9.3% |
| Mar 3, 2023 | Raise | $0.810 → $0.860 | +6.2% |
| Mar 10, 2022 | Raise | $0.760 → $0.810 | +6.6% |
| Mar 15, 2021 | Raise | $0.730 → $0.760 | +4.1% |
| Mar 12, 2020 | Raise | $0.710 → $0.730 | +2.8% |
| Mar 7, 2019 | Raise | $0.660 → $0.710 | +7.6% |
| Mar 9, 2018 | Raise | $0.600 → $0.660 | +10.0% |
| Mar 2, 2017 | Raise | $0.570 → $0.600 | +5.3% |
| Mar 3, 2016 | Raise | $0.550 → $0.570 | +3.6% |
| Mar 5, 2015 | Raise | $0.490 → $0.550 | +12.2% |
Show all 40 changes since 1973
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 6, 2014 | Raise | $0.420 → $0.490 | +16.7% |
| Mar 7, 2013 | Raise | $0.380 → $0.420 | +10.5% |
| Feb 2, 2012 | Raise | $0.340 → $0.380 | +11.8% |
| Feb 3, 2011 | Raise | $0.290 → $0.340 | +17.2% |
| Aug 5, 2010 | Raise | $0.250 → $0.290 | +16.0% |
| Jan 31, 2008 | Raise | $0.215 → $0.250 | +16.3% |
| Feb 1, 2007 | Raise | $0.195 → $0.215 | +10.3% |
| Aug 3, 2006 | Raise | $0.175 → $0.195 | +11.4% |
| Feb 2, 2006 | Raise | $0.155 → $0.175 | +12.9% |
| Feb 3, 2005 | Raise | $0.135 → $0.155 | +14.8% |
| Feb 5, 2004 | Raise | $0.120 → $0.135 | +12.5% |
| Jul 31, 2003 | Raise | $0.110 → $0.120 | +9.1% |
| Feb 1, 2001 | Raise | $0.0954 → $0.110 | +15.2% |
| May 1, 1997 | Raise | $0.0868 → $0.0954 | +10.0% |
| May 2, 1995 | Raise | $0.0651 → $0.0868 | +33.3% |
| Aug 3, 1993 | Raise | $0.0597 → $0.0651 | +9.1% |
| Jul 31, 1990 | Raise | $0.0542 → $0.0597 | +10.0% |
| Aug 11, 1988 | Raise | $0.0362 → $0.0542 | +50.0% |
| Apr 28, 1987 | Raise | $0.0289 → $0.0362 | +25.0% |
| Jan 28, 1986 | Raise | $0.0253 → $0.0289 | +14.3% |
| Apr 30, 1985 | Raise | $0.0217 → $0.0253 | +16.7% |
| May 1, 1984 | Raise | $0.0145 → $0.0217 | +50.0% |
| Feb 1, 1983 | Cut | $0.0311 → $0.0145 | −53.5% |
| Aug 2, 1979 | Raise | $0.0271 → $0.0311 | +14.8% |
| Feb 2, 1978 | Raise | $0.0241 → $0.0271 | +12.4% |
| Nov 3, 1976 | Raise | $0.0217 → $0.0241 | +11.1% |
| Aug 2, 1973 | Raise | $0.0181 → $0.0217 | +20.0% |
| Jan 31, 1973 | Raise | $0.0169 → $0.0181 | +7.1% |
Frequently Asked Questions
Is ETN a good dividend stock?
Yes, with caveats. Eaton Corporation plc (ETN) pays a quarterly dividend yielding 1.25% ($4.40/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is ETN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ETN's fair value is about $184.74 versus a $335.74 share price — so it looks overvalued (-45% vs. fair value).
Is ETN's dividend safe?
ETN has a dividend-safety grade of B (72/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a dividend cut in 2020, debt and yield-versus-history.
What is ETN's fair value?
Our blended fair-value estimate for ETN is about $184.74 per share, about 45% below the current $335.74 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ETN a buy, hold, or sell?
We don't issue formal ratings, but on the data ETN screens as "yes, with caveats" and overvalued. Eaton Corporation plc (ETN) pays a quarterly dividend yielding 1.25% ($4.40/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will ETN cut its dividend?
ETN earns a dividend-safety grade of B (72/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ETN pay a dividend?
Yes. Eaton Corporation plc pays a quarterly dividend of about $4.40 per share annually, a forward yield of roughly 1.25%.
How much dividend does 100 shares of ETN pay?
At $4.40 per share a year, 100 shares of ETN pay $440.00 a year in dividends before tax, about $110.00 each quarter. Buying them costs about $33,574 at the Nov 5, 2026 price.
What is ETN's dividend yield?
As of Nov 5, 2026, ETN's forward dividend yield is 1.25%, based on a $4.40 annual dividend and a $335.74 share price.
What is ETN's dividend per share?
As of Nov 5, 2026, ETN pays $4.40 per share per year, distributed on a quarterly basis.
What is ETN's dividend payout ratio?
As of Nov 5, 2026, ETN's payout ratio is 43% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ETN grown its dividend?
As of Nov 5, 2026, ETN has increased its dividend for 5 consecutive years.
When is the next ETN ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for ETN is Nov 10, 2026.
ETN Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+62%
5 Years
+128%
52-Week Range
$311.92 – $478.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ETN worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Eaton Corporation plc is $184.74 per share, versus a market price of $335.74. That implies 45% of downside.
Fair Value
$184.74
Current Price
$335.74
Downside
-45%
Margin of Safety
-82%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 26.5% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.9% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $9.83 EPS, $4.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ETN Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ETN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | Aug 28, 2026 | $1.1000 | regular |
| May 8, 2026 | May 29, 2026 | $1.1000 | regular |
| Mar 10, 2026 | Mar 27, 2026 | $1.1000 | regular |
| Nov 5, 2025 | — | $1.0400 | regular |
| Aug 7, 2025 | Aug 22, 2025 | $1.0400 | regular |
| May 5, 2025 | May 23, 2025 | $1.0400 | regular |
| Mar 10, 2025 | Mar 28, 2025 | $1.0400 | regular |
| Nov 4, 2024 | Nov 22, 2024 | $0.9400 | regular |
| Aug 5, 2024 | Aug 23, 2024 | $0.9400 | regular |
| May 3, 2024 | May 24, 2024 | $0.9400 | regular |
| Mar 8, 2024 | Mar 29, 2024 | $0.9400 | regular |
| Nov 3, 2023 | Nov 24, 2023 | $0.8600 | regular |
| Aug 4, 2023 | Aug 25, 2023 | $0.8600 | regular |
| May 5, 2023 | May 26, 2023 | $0.8600 | regular |
Income Calculator
At $4.40 / yr per share
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