EML News The Eastern Company Declares Regular Quarterly Cash Dividend
NAUGATUCK, Conn.--(BUSINESS WIRE)--The Eastern Company (AMEX: EML) today announced the declaration of its
regular quarterly cash dividend of eight cents ($0.08) per share,
payable December 15, 2006, to common stock shareholders of record as of
November 17, 2006. This dividend reflects the impact of the
three-for-two stock split announced on September 28, 2006 and represents
the Company’s 265th consecutive quarterly
dividend.
The Eastern Company is a 148-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 are 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.
