Dividend Aristocrats That Can't Keep Up With Inflation: Emerson Electric Co. (EMR) Dividend Yield: 3.2% Last Dividend Increase: 1.05% Unlike PPG and SHW, where the jury might still be out, Emerson Electric Co. (NYSE: EMR ) looks just plain lifeless. While shares are in a two-year upswing, it's just the latest in a set of peaks and valeys that has EMR trading essentially flat since 2007. EMR's dividend has grown at less than 4% annually on average since 2012, and last year's hike was a lonely 1%.