06 Apr Rockwell Automation ups quarterly dividend by 36 percent
Milwaukee — Rockwell Automation Inc. has increased the quarterly dividend on its common stock to 22.5 cents per share, up from 16.5 cents, effective May 16.
Chairman and CEO Keith Nosbusch said the change reflected strong earnings and the board’s confidence in the company’s future.
Rockwell makes control and automation systems for industrial applications. In fiscal 2004 it made a net income of $415 million on $4.4 billion in sales.