Eaton Corporation plc
ETNIndustrials · Stock · quarterly payer
Forward Yield
1.04%
Annual Dividend
$4.40
Payout Ratio
44%
5-Yr Growth
12.9%
Ex-Date
Aug 7, 2026
Frequency
Quarterly
Summary
As of September 2026, Eaton Corporation plc (ETN) yields 1.04% ($4.40 per share annually), with a blended fair-value estimate of $223.74 — -47% downside, so it screens as overvalued. Dividend safety grade: B (72/100). 5 years of dividend growth.
Is ETN a good dividend stock?
Yes, with caveatsEaton Corporation plc (ETN) pays a quarterly dividend yielding 1.04% ($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 (44%)
- Strong 12.9% 5-yr dividend growth
- 158% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 1.04%
- Payout Ratio
- 44%
- Annual Dividend
- $4.40
- 5-Yr Avg Growth
- 12.9%
- Ex-Dividend Date
- Aug 7, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.17
- Market Cap
- $164.9B
- P/E Ratio
- 43.3
- 5-Yr Total Return
- 158%
- 52-Week Range
- $311.92 – $478.00
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
ETN Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+104%
5 Years
+158%
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 $223.74 per share, versus a market price of $424.77. That implies 47% of downside.
Fair Value
$223.74
Current Price
$424.77
Downside
-47%
Margin of Safety
-90%
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 40.0% annual free-cash-flow growth. We model 17.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.1% discount rate (CAPM), 17.3% stage-1 growth, 2.5% terminal growth, $9.81 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | — | $1.1000 | regular |
| May 8, 2026 | — | $1.1000 | regular |
| Mar 10, 2026 | — | $1.1000 | regular |
| Nov 5, 2025 | — | $1.0400 | regular |
| Aug 7, 2025 | — | $1.0400 | regular |
| May 5, 2025 | — | $1.0400 | regular |
| Mar 10, 2025 | — | $1.0400 | regular |
| Nov 4, 2024 | — | $0.9400 | regular |
| Aug 5, 2024 | — | $0.9400 | regular |
| May 3, 2024 | — | $0.9400 | regular |
| Mar 8, 2024 | — | $0.9400 | regular |
| Nov 3, 2023 | — | $0.8600 | regular |
| Aug 4, 2023 | — | $0.8600 | regular |
| May 5, 2023 | — | $0.8600 | regular |
Income Calculator
At $4.40 / yr per share
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