Emerson Declares Dividend
ST. LOUIS, August 2, 2016 -- The board of directors of Emerson (NYSE: EMR) today declared the regular quarterly cash dividend of forty-seven and a half cents ($0.475) per share of common stock payable September 9, 2016, to stockholders of record August 12, 2016.
Emerson today announced that it has completed the purchase of the Valves & Controls business from Pentair plc for $3.15 billion.
Emerson will report its second-quarter 2017 results prior to market open on Tuesday, May 2, 2017.
Emerson has a clear understanding of what is required to receive the final regulatory approvals from the U.S. Federal Trade Commission and the...