Published February 24, 2016 8:34am EST | Updated February 24, 2016 9:04am EST

Eaton Raises Quarterly Dividend By 4% To 57 Cents a Share

Power management company Eaton said Wednesday it is raising its quarterly dividend by 4% to 57 cents a share. The new payment will be made March 18 to shareholders of record as of March 7. Shares were not yet active in premarket trade, but are down 21% in the last 12 months, while the S&P 500 has lost 9%.