Eaton (ETN) Covered Its Dividend in a Lean Year. Why Does Jim Cramer Trust It?

We just published the list of Jim Cramer’s Top 10 Dividend Stocks for Safe, Consistent Returns and Eaton Corporation plc (NYSE:ETN) ranked 8th on this list.

From 2000 through 2009, dividends earned S&P 500 investors an annualized 1.8%, according to Hartford Funds. Even with those payments, the index posted a negative total return for the decade. Over the longer stretch from 1940 through 2025, Hartford found that dividend income accounted for an average of 33% of the index’s total return....