This morning, Emerson Electric (NYSE:EMR) declared its quarterly dividend of 34.5 cents per share, an increase of about 3% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.5% going forward.
Shares of EMR were lower on Tuesday, falling 3.2% so far today.
In other dividend news, Cooper Industries (CBE) maintained its quarterly dividend of 27 cents per share. NYSE Euronext (NYSE:NYX) maintained its quarterly dividend of 30 cents per share. Herbalife (NYSE:HLF) maintained its quarterly dividend of 25 cents per share. And Global Payments (NYSE:GPN) maintained its quarterly dividend of 2 cents per share.
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