WASHINGTON (dpa-AFX) - Rockwell Automation, Inc. (ROK) on Wednesday declared a quarterly dividend of $0.52 per share on its common stock, payable on June 10 to shareowners of record on May 13.
The company's previous quarterly dividend rate was $0.47 per share.
'The 11 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 chief executive officer. 'With this increase, we will have raised our quarterly dividend by about 80 percent in the past four years.'
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