Why it’s on the map
Highest-quality 'picks and shovels' name: electrical distribution/data-center power. Q2 record $8.5B (+14% organic), Electrical Americas data-center +65%, US backlog 307 GW.
Government money & contracts
DoD/GSA supplier.
Customers & commercial
Hyperscalers, industrials, utilities.
Catalysts
FY EPS raised to $13.40–13.60.
Risk
Much of the rally is AI capex in a reshoring costume.
Tariff durability
Fundamentals-driven.
Dividend · #29 of 47 payers by yield
1.19% yield
$4.40 a share a year · quarterly · pays Mar · May · Aug · Nov
Per payment$1.10a share, 4× a year
Next payoutNov 27declared · $1.10 a share
Last ex-dateAug 7, 2026next ex-date Nov 10, 2026
Last paidAug 28, 2026$1.10 a share
Payout ratio44%of earnings · well covered
Raised16 yrsconsecutive years of increases
Shares at the Oct 30 close of $369.972.70
Each payment$2.97
Per year · 4 payments$11.89
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Aug 7, 2026 | Aug 28, 2026 | $1.10 | |
| May 8, 2026 | May 29, 2026 | $1.10 | |
| Mar 10, 2026 | Mar 27, 2026 | $1.10 | |
| Nov 6, 2025 | Nov 21, 2025 | $1.04 | before the raise |
Yield = $1.10 × 4 ÷ the Oct 30 close of $369.97. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source