ST. LOUIS, August 1, 2006 -- The board of directors of Emerson today declared the regular quarterly cash dividend of forty-four and one-half cents ($0.445) per share of common stock payable September 11, 2006, to stockholders of record August 11, 2006. Dividends of $1.78 per share in fiscal 2006 represent the 50th consecutive year of increased dividends.