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History. Emerson was established in 1890 in St. Louis, Missouri, as Emerson Electric Manufacturing Co. by Civil War Union veteran John Wesley Emerson to manufacture electric motors using a patent owned by the Scottish-born brothers Charles and Alexander Meston. In 1892, it became the first to sell electric fans in the United States.
The S&P 500 Dividend Aristocrats is a stock market index composed of the companies in the S&P 500 index that have increased their dividends in each of the past 25 consecutive years. It was launched in May 2005. [ 1]
Emerson Electric has a better than 50-year history of regularly increasing its dividend, and recently raised its dividend to $0.43 per share per quarter, up from $0.41 per share per quarter.
Employer(s) Chairman and former CEO of Emerson Electric Company. David Nelson Farr(born 1955) is an American business executive. He was the chairman and CEO of Emerson Electric Company, a Fortune 500company. [1][2]Farr has worked at the company since 1981 and retired as CEO on Feb 5, 2021.[3]
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices.It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average).
Fisher Electronics was an American audio equipment manufacturer founded in 1945 by Avery Fisher in New York City, New York. Originally named the Fisher Radio Corporation, the company is considered a pioneer in high fidelity audio equipment. Fisher initially developed, manufactured and marketed high-performance audio products under the trade ...
He served as Chairman of Emerson Electric from 1974 to 2004 and as chief executive officer from 1973 to 2000. He also served as president from 1986 to 1988 and from 1995 to 1997 and was a director of Emerson from 1972 to 2004. He has sat on the Boards of Directors of Anheuser-Busch Companies, Inc., AT&T Inc., BP plc and Morgan Stanley.
Dividend investing is a tried-and-true strategy for generating strong, steady returns in economies both good and bad. But as corporate America's slew of dividend cuts and suspensions over the past ...