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Eaton Corporation plc (ETN) logo

Eaton Corporation plc

S&P 500
ETN|Industrials|Specialty Industrial Machinery|$401.51|P/E 39.3|MCap 155.9B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

79/ 100Safe

ETN's dividend appears safe and well-supported. Strengths include a 41.3% earnings payout ratio & 45.8% fcf payout ratio. Areas of concern: 1.3% 5-year dividend cagr.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 41.3%Low earnings payout ratio leaves room to grow the dividend.
  • Interest Coverage: 21.5xEarnings cover interest payments many times over.
  • Return on Equity: 20.8%Strong return on equity reflects efficient profit generation.

Risks

  • 5-Year Dividend CAGR: 1.3%Dividend growth has been weak or negative.

Payout & Coverage

Very Safe
Earnings Payout Ratio
41.3%Very Safe
FCF Payout Ratio
45.8%Safe
CFO Payout Ratio
36.3%Safe
Interest Coverage
21.5xVery Safe

Balance Sheet

Safe
Net Debt / Total Assets
24.0%Safe
Current Ratio
1.2xCaution
Debt-to-Equity
110.5Safe

Profitability

Safe
Return on Equity
20.8%Very Safe
Operating Margin
16.1%Safe
Gross Margin
35.6%Safe
Profit Margin Stability
ModerateCaution

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
1.3%Warning
Earnings Stability
GrowingVery Safe

About Eaton Corporation plc

Eaton Corporation plc is an intelligent power management company headquartered in Dublin, Ireland. It develops energy-efficient products and solutions that enable reliable, safe, and sustainable management of electrical, hydraulic, and mechanical power across diverse applications. The company's operations are organized into two primary sectors: Electrical and Industrial. The Electrical Sector provides products such as circuit breakers, switchgear, uninterruptible power supplies, transformers, power distribution units, motor controls, and wiring systems, serving industrial, utility, commercial, residential, and information technology markets. The Industrial Sector encompasses the Aerospace Group, offering hydraulic, fuel, motion control, and electrical solutions for military and commercial aircraft, and the Mobility Group, which delivers vehicle components including transmissions, clutches, hybrid power systems, engine valves, superchargers, and eMobility technologies like power electronics and circuit protection for automotive and commercial vehicles. Eaton Corporation plc also produces hoses, belts, relays, and capacitors, supporting sectors like power conversion equipment and electrical manufacturing. These offerings help customers address electrification, digitalization, and sustainability needs in critical infrastructure worldwide.

Dividend Overview

Dividend Yield

1.05%

Annual Dividend

$4.22

Frequency

Quarterly

Payout Ratio

41.29%

FCF Payout Ratio

45.76%

Stock Price

$401.51

52-Week Range

$304.22 $435.43

Dividend History (2016–2025)

ETN annual dividend per share and yield history

Earnings & Profitability

ETN earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 8, 2026

Next Payment Date

May 29, 2026

Dividend Growth

3-Year Dividend CAGR

-1.25%

5-Year Dividend CAGR

1.33%

10-Year Dividend CAGR

3.56%

3-Year Total Growth

-3.70%

5-Year Total Growth

6.85%

10-Year Total Growth

41.82%

Income Calculator

ETN Dividend Calculator

Total Investment

$40,151.00

Annual Income

$422.00

Quarterly Income

$105.50

Monthly Income

$35.17

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Frequently Asked Questions

What is ETN's current dividend yield?
Eaton Corporation plc (ETN) currently has a dividend yield of 1.05%, based on a stock price of $401.51 and an annual dividend of $4.22.
When is ETN's next dividend payment date?
ETN's next ex-dividend date is 2026-05-08 and the next payment date is 2026-05-29. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does ETN pay in dividends per year?
Eaton Corporation plc paid $3.12 per share in annual dividends in 2025. The dividends are paid quarterly.
Has ETN been increasing its dividend?
Eaton Corporation plc has grown its dividend at a 5-year CAGR of 1.33% and a 10-year CAGR of 3.56%.
Is ETN's dividend safe?
Eaton Corporation plc has a payout ratio of 41.29%. Its free cash flow payout ratio is 45.76%. A payout ratio below 60% is generally considered sustainable.
How is ETN's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Eaton Corporation plc's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.