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Stock impact report

This High-Yield Dividend Is Still Safe Despite the Coronavirus [The Motley Fool]

Emerson Electric Company (EMR) 
Last emerson electric company earnings: 4/21 06:55 am Check Earnings Report
US:NYSE Investor Relations: emerson.com/en-us/investors
Company Research Source: The Motley Fool
Speaking on the company' second-quarter earnings call,Emerson Electric Company(NYSE:EMRWhy Emerson Electric's dividend is safeIn a departure from the usual refrain in the current earnings season, Farr decided to give earnings guidance, and what he said should have reassured investors. He also outlined the commendable efforts made by Emerson in teaming up with its process automation rivalHoneywell InternationalThe key points to Emerson's guidance are shown below. Even though the current economic slowdown has caused a significant downgrade to sales and earnings expectations,the dividendImage source: Getty Images.Furthermore, Farr spoke directly to investors when he said: "as long as I'm here, our dividend will not be cut and we will maintain our dividend payments and history. We have the financial flexibility and capabilities to do that going forward."Full-Year 00Current Guidanceious GuidanceUnderlying sales growth(9%) to (7%)(%) to %Adjusted earnings per share (EPS)$ to $.0$. to $.80Di Show less Read more
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