MILWAUKEE – Rockwell
Automation Inc. has raised its quarterly dividend to 58 cents
per share on its common stock, which is a 12 percent increase
from its previous dividend of 52 cents, according to a company
The dividend is payable on Dec. 10 to shareholders of record at
the close of business on Nov. 18.
"The 12 percent dividend increase reflects our continued
confidence in Rockwell Automation's sustainable cash generation
and commitment to appropriately return cash to shareowners,”
said Keith Nosbusch, chairman and CEO. “With this increase, we
have doubled our quarterly dividend in the past four years.”
Milwaukee-based Rockwell manufactures industrial automation
systems, controls and software. Rockwell employs about 22,000
people and serves customers in more than 80 countries.
The company is set to release its quarterly earnings on