Eaton Corporation plc
ETNIndustrials · Stock · quarterly payer
Forward Yield
1.10%
Annual Dividend
$4.40
Payout Ratio
41%
5-Yr Growth
12.9%
Ex-Date
May 8, 2026
Frequency
Quarterly
Summary
As of July 2026, Eaton Corporation plc (ETN) yields 1.10% ($4.40 per share annually), with a blended fair-value estimate of $219.87 — -45% downside, so it screens as overvalued. Dividend safety grade: B (67/100). 5 years of dividend growth.
Is ETN a good dividend stock?
Yes, with caveatsEaton Corporation plc (ETN) pays a quarterly dividend yielding 1.10% ($4.40/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (41%)
- Strong 12.9% 5-yr dividend growth
- 138% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 1.10%
- Payout Ratio
- 41%
- Annual Dividend
- $4.40
- 5-Yr Avg Growth
- 12.9%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.18
- Market Cap
- $155.9B
- P/E Ratio
- 39.0
- 5-Yr Total Return
- 138%
- 52-Week Range
- $311.92 – $436.74
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
ETN Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+74%
5 Years
+138%
52-Week Range
$311.92 – $436.74
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ETN worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Eaton Corporation plc is $219.87 per share, versus a market price of $399.99. That implies 45% of downside.
Fair Value
$219.87
Current Price
$399.99
Downside
-45%
Margin of Safety
-82%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 15.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.2% discount rate (CAPM), 15.9% stage-1 growth, 2.5% terminal growth, $10.24 EPS, $4.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ETN Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $1.1000 | regular |
| Mar 10, 2026 | — | $1.1000 | regular |
| Nov 5, 2025 | — | $1.0400 | regular |
| Aug 7, 2025 | — | $1.0400 | regular |
| May 5, 2025 | — | $1.0400 | regular |
| Mar 10, 2025 | — | $1.0400 | regular |
| Nov 4, 2024 | — | $0.9400 | regular |
| Aug 5, 2024 | — | $0.9400 | regular |
| May 3, 2024 | — | $0.9400 | regular |
| Mar 8, 2024 | — | $0.9400 | regular |
| Nov 3, 2023 | — | $0.8600 | regular |
| Aug 4, 2023 | — | $0.8600 | regular |
| May 5, 2023 | — | $0.8600 | regular |
| Mar 3, 2023 | — | $0.8600 | regular |
Income Calculator
At $4.40 / yr per share
