Rockwell Automation quarterly dividend up 21 percent to 35 cents

Rockwell Automation increases dividend 21 percent

MILWAUKEE — Rockwell Automation Inc. said Thursday it has boosted its quarterly dividend 21 percent to 35 cents per share.

The dividend is payable on Sept. 10 to shareowners of record at the close of business on Aug. 16.

The previous dividend of 29 cents has been paid quarterly since the end of 2007.

Milwaukee-based Rockwell Automation makes industrial automation equipment.

Shares rose 65 cents, or 1.2 percent, to close at $54.75.