ST. LOUIS (AP) -- Emerson Electric Co. said Tuesday the board of the manufacturing and technology services provider increased its quarterly cash dividend to 33.5 cents per share from 33 cents per share.
The dividend is payable Dec. 10 to shareholders of record on Nov. 13.
Emerson shares rose 77 cents, or 2 percent, to $38.92 in morning trading.
Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.