Eaton Dividend Increase

On 26 February, Eaton (ETN) increased its dividend by 5.77%, from $1.04 to $1.10 per share.

The dividend is payable on 27 March to shareholders of record on 10 March.

ETN's contribution to DivGro's projected annual dividend income will increase by $14.40 to $264.

Source: Simply Safe Dividends

I own 60 shares of ETN at an average cost basis of $275.50 per share. Following this increase, my yield on cost is 1.60%. (TSCO's forward yield is 1.23% at $357.28 per share). 

Since I opened my position in March 2025, the stock has delivered a total return of 31%, including $249.60 in dividends. That's a spectacular annualized rate of return of 31.2%!

5-Year History of Dividend Payouts by Ex-Date

✝projected, assuming no further changes