Rockwell Automation Increases Quarterly Dividend 5 Percent to $4.08 Annually
MILWAUKEE--(BUSINESS WIRE)--Oct 30, 2019--
The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK), following its regular quarterly review, today declared a quarterly dividend of $1.02 per share on its outstanding common stock, payable December 10, 2019 to shareowners of record at the close of business on November 12, 2019.
“Our Connected Enterprise strategy generates strong, sustainable cash flow,” said Blake Moret, Rockwell Automation chairman and CEO. “Over the last five fiscal years, we have returned $6 billion of cash to shareowners through dividends and share repurchases.”
“The 5 percent increase reflects our confidence in Rockwell Automation’s ability to generate cash throughout the cycle and our commitment to returning cash to shareowners while investing in our business,” said Moret.
About Rockwell Automation
Rockwell Automation Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 23,000 people, serving customers in more than 80 countries.
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KEYWORD: WISCONSIN UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: ELECTRONIC DESIGN AUTOMATION ENGINEERING AUTOMOTIVE MANUFACTURING TECHNOLOGY MANUFACTURING SOFTWARE OTHER MANUFACTURING
SOURCE: Rockwell Automation, Inc.
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PUB: 10/30/2019 01:06 PM/DISC: 10/30/2019 01:06 PM