Emerson dividend
Emerson's forecast dividend rises from 2.33 to 2.57 per share, from a latest 0.555 quarterly rate. Free cash flow was $3.245 billion in fiscal 2025, and across five years shareholder payments absorbed about $10.6 billion of roughly $12.3 billion in free cash flow.
How much does Emerson pay per share?
Dividends rise steadily in the base case from 2.33 to 2.45 and then 2.57 per share. The bear case pauses at 2.22 before reaching 2.29, while the bull case reaches 2.77. The base reflects the latest 0.555 quarterly rate, the five-year record of increases and planned dividend payments of about 1.2 billion; debt and competing cash needs make repeated bull-case increases less likely.
| October 2027 | October 2028 | October 2029 | |
|---|---|---|---|
| Earnings | 4,100 (3,500 / 4,350) | 4,500 (3,550 / 5,000) | 4,950 (3,700 / 5,700) |
| Shares (millions) | 554 (554 / 552) | 550 (556 / 546) | 546 (559 / 540) |
| Dividends per share | 2.33 (2.22 / 2.38) | 2.45 (2.22 / 2.57) | 2.57 (2.29 / 2.77) |
| Price to earnings | 23.00 (18.00 / 27.00) | 23.00 (16.00 / 29.00) | 22.00 (15.00 / 30.00) |
Is Emerson's dividend covered by its cash?
Free cash flow is the cash left after operations pay for necessary capital spending. Emerson generated $3.676 billion of operating cash in fiscal 2025. After $431 million of capital spending, free cash flow was $3.245 billion.
Dividends made a steady claim on that pool, while buybacks varied sharply. Across five years, shareholder payments absorbed about $10.6 billion of roughly $12.3 billion in free cash flow. In fiscal 2023, buybacks helped push total shareholder payments above that year’s free cash flow, because disposal proceeds supplied additional cash.
| Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|---|---|
| Free cash flow | 3,245 | 2,898 | 2,347 | 1,749 | 2,054 |
| − Dividends paid | 1,192 | 1,201 | 1,198 | 1,223 | 1,210 |
| − Share buybacks | 1,167 | 435 | 2,000 | 500 | 500 |
| = Free cash flow not paid out | 883 | 1,260 | 22 | 319 | |
| Paid to shareholders | 2,359 | 1,636 | 3,198 | 1,723 | 1,710 |
| Paid out, % of free cash flow | 72.7% | 56.5% | 136.3% | 98.5% | 83.3% |
What is Emerson's dividend yield against its share price?
Emerson Electric is an industrial automation company whose equipment, control systems and software help factories and process plants operate. At $162.15 a share on October 16, 2026, the market is paying for a larger business that must produce much more profit and cash.
Free-cash-flow yield is 3.6%, compared with a stated real free-cash-flow yield of 3.3%. Free cash flow can repay debt, fund acquisitions, or support dividends and buybacks; the 1.4% dividend yield measures only what shareholders receive directly. “Real” free cash flow has no clear meaning here until its adjustment is defined.
| Today (Oct 16, 2026) | |
|---|---|
| Share price | 162.15 |
| Free cash flow yield (calculated) | 3.6% |
| Real free cash flow yield (calculated) | 3.3% |
| Dividend yield (calculated) | 1.4% |
What this means. The next-year price-to-earnings figure uses analysts’ guesses about future profit, so it can change or be wrong.