Emerson Electric raises dividend for 59th consecutive year

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Dividend Aristocrat Emerson Electric (EMR) will raise its dividend by 1.1%.

Emerson Electric will increase its quarterly dividend to $0.475 per share. The new annual dividend of $1.90 for 2016 will mark 59 years of higher dividends for Emerson.

Emerson Electric currently has an indicated dividend yield of 3.8%.

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Pentair hikes dividend by 8.7%

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Pentair (PNR) , a global water solutions company, has announced an 8.7% increase to its quarterly dividend, raising it to $0.25 per share. At the current stock price of $105.49, this results in a dividend yield of 0.85%. The company’s annual dividend payout now rises to $165 million.
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