Rockwell Automation Approves $1 Billion for Common Stock Repurchase and Increases Common Stock Dividend 11 Percent to $1.88 Annually

The Board of Directors of Rockwell Automation, Inc. ROK today authorized the company to expend up to an additional $1 billion to repurchase shares of Rockwell Automation common stock. This is in addition to the authorization on Nov. 7, 2007 to repurchase $1 billion worth of common stock, of which approximately $51 million was remaining as of June 7, 2012. The Board also declared an 11 percent increase in the quarterly dividend to 47 cents per share on common stock, payable on Sept. 10, 2012 to shareowners of record at the close of business on Aug. 13, 2012.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: NewsDividendsBuybacks
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!