The Eastern Company Declares Regular Quarterly and One-Time Extra Cash Dividend
27 Outubro 2010 - 4:15PM
Business Wire
The Eastern Company (NYSE Amex-EML) today announced the
declaration of its regular quarterly cash dividend of nine cents
($0.09) per share, payable December 15, 2010, to common stock
shareholders of record as of November 19, 2010 and represents the
Company’s 281st consecutive quarterly dividend.
In addition, the Company will pay an additional one-time extra
dividend of sixteen cents ($0.16) per share, payable December 15,
2010, to common stock shareholders of record as of November 19,
2010.
The extra dividend reflects the Company’s current success, firm
cash position and optimistic view about future prospects and a
desire to share those positive factors with our shareholders.
The Eastern Company is a 152-year-old manufacturer of vehicular
and industrial hardware, locks, metal castings, coin collection and
smart card products. It operates from nine locations in the U.S.,
Canada, Mexico, Taiwan and China. The diversity of the Company’s
products enables it to respond to the changing requirements of a
broad array of markets.
Forward-Looking Statements:
Information in this news release contains statements which reflect
the Company’s current expectations regarding its future operating
performance and achievements. Actual results may differ due to the
many economic uncertainties that affect the Company’s business
environment. Further information about the potential factors which
could affect the Company’s financial results is included in the
Company’s reports and filings with the Securities and Exchange
Commission. The Company is not obligated to update or revise the
aforementioned statements for those new developments.
Eastern (AMEX:EML)
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