Eaton Corporation plc

ETN
Industrials
$399.56
1.07%Overvalued

Eaton Corporation plc (ETN) is a Industrials company that currently yields 1.07% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $107.93 and the overvaluation threshold at $381.48. Eaton Corporation plc holds a quality score of 62/100 (Good), reflecting 5 consecutive years of dividend growth with a 41% payout ratio. The 5-year dividend CAGR stands at 12.9%.

ETN Dividend Yield History — Weiss Valuation

Underval. $107.93Overval. $381.48

Distance to undervalued

Entry price is stretched

Needs 73.0% downside to reach the Weiss buy zone

Undervaluation starts near $107.93, where the annual dividend would imply roughly 3.97% yield. That is 2.89% above today's yield.

Buy-zone price

$107.93

Target yield

3.97%

Research checklist

What to clear before buying the yield

Updated Jul 9, 2026

Dividend durability

5Y

Verify the dividend record before treating yield as durable.

Earnings payout

41%

Earnings coverage leaves room for noise.

Cash payout

65%

Free cash flow coverage supports the payment.

Dividend growth

12.9%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-07-082026-07-09

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Eaton Corporation plc is trading near its historical overvaluation band.

Current yield 1.1% vs historical max 4.5% (24% of maximum).

5 years of uninterrupted dividends.

Conservative payout ratio of 41%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 62/100 quality score calls for selective follow-up, not autopilot.

Start by checking whether payout coverage and business durability still support the dividend.

ETN Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$121

Year 10 Income

$433

Yield on Cost

4.49%

Total Income

$2,448

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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ETN Dividend Quality Score

Quality Score

62/ 100

Good

Payout Ratio20/25
Dividend Streak12/25
Growth (CAGR 5Y)20/20
Yield vs History0/15
FCF Coverage10/15

Key Metrics

Current Price$399.56
Annual Dividend$4.28
Current Yield1.07%
Yield — Max (10Y)4.46%
Yield — Min (10Y)1.19%
Undervalued Below$107.93
Overvalued Above$381.48
Payout Ratio41.29%
CAGR Dividend 5Y12.9%
CAGR Dividend 10Y6.6%
Years No Cut5y

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5
consecutive years of dividend growth