
Craig Arnold-led Eaton declares $407.2 million dividend
Eaton, led by CEO Craig Arnold, announces a $407.2 million quarterly dividend, showcasing its strong financial performance and commitment to shareholder value.
Eaton, led by CEO Craig Arnold, announces a $407.2 million quarterly dividend, showcasing its strong financial performance and commitment to shareholder value.
Eaton shares have dropped 17.46% since the start of the year. A $100,000 investment in Eaton at the beginning of 2025 is now worth $82,540, reflecting a loss of $17,460.
The deal, subject to regulatory approval, will expand Eaton’s presence in the data center and industrial markets.
Over the past 23 days, the market value of his holdings has dropped by $44.86 million as investors pulled back from the stock.
This was driven by robust organic sales, particularly within the company’s Electrical Americas, Electrical Global and Aerospace segments.
Eaton’s growth is also reflected in its strong financial results, including a 9-month net sales increase of 8.18 percent year-over-year.
The 50,000-square-foot cleanroom facility, set for completion by 2026, will enhance capabilities in semiconductor research, development, and commercialization.
Eaton CEO Craig Arnold’s 0.14% stake, equivalent to 737,044 shares, has surged by $69.14 million amid a stock rally in 2024.
The recent surge builds on an earlier gain of $43.57 million from Sept. 6 to Oct. 23, when the value of his holdings climbed from $210.04 million to $253.6 million.
Electrical and aerospace segments propel growth, vehicle sales lag, CEO Arnold confident as profitability rises 24 percent.
Eaton maintains a quarterly dividend of $0.94 per share following record Q2 earnings, underscoring long-term growth and shareholder commitment.
Eaton CEO Craig Arnold’s Holdings surge above $250 million amid stock rally.
Black CEO Craig Arnold's net worth drops as his stake in the power management company falls below $150 million.
Eaton expands its footprint to the MENA region to address unique needs of the Egyptian market