ETN | Eaton Corporation declared a 12% increase in the quarterly dividend from $0.34 per share to $0.38 per common share. The dividend is payable Feb 24, 2012 to shareholders of record at the close of business on Feb 6, 2012.
| | | | EventVestor Insights on the impact of Dividend Array event on stock prices: |  | ETN stock price outperformed the market 2 out of 3 times over the last two years, by an average 4.4% the day it announced Dividend events. During the one week period after Dividend , the stock outperformed the market 3 out of 3 occasions by an average 1.4%. |  | ETN stock price underperformed the market 1 out of 3 times over the last two years, by an average -0.7% the day it announced Dividend events. During the one week period after Dividend , the stock underperformed the market 1 out of 3 occasions by an average %. | | ETN peers (DOV, HON, KDN, PH, TXT) have outperformed the market 4 out of 11 times over the last two years, by an average 0.9% the day they announced Dividend events. During the one week period after Dividend , these stocks outperformed the market 7 out of 11 occasions , by an average 1.4%. | | ETN peers (DOV, HON, KDN, PH, TXT) have underperformed the market 6 out of 11 times over the last two years, by an average -1.6% the day they announced Dividend events. During the one week period after Dividend , these stocks underperformed the market 3 out of 11 occasions, by an average -1.8%. |
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