MILWAUKEE--(BUSINESS WIRE)-- The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK), following its regular quarterly review, today declared a quarterly dividend of 97 cents per share on its outstanding common stock, payable December 10, 2018 to shareowners of record at the close of business on November 12, 2018.
“Our Connected Enterprise strategy generates strong, sustainable cash flow,” said Blake Moret, Rockwell Automation chairman and CEO. “Over the last five fiscal years, we have returned over $5 billion of our free cash flow to shareowners through dividends and share repurchases.
“The 5 percent increase reflects our confidence in Rockwell Automation’s ability to generate cash throughout the cycle and our commitment to returning cash to shareowners while investing in the business. Since 2010, Rockwell Automation has increased its dividend by an average of 14 percent per year,” said Moret.
Rockwell Automation Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 23,000 people, serving customers in more than 80 countries.
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Rockwell Automation, Inc.
Steve Etzel
Investor Relations
414-382-8510
swetzel@ra.rockwell.com
or
Keith Lester
Corporate Communications
414-382-4871
klester@ra.rockwell.com
Source: Rockwell Automation, Inc.
Published November 1, 2018