Eaton quarterly dividend payable May 27, 2005

 

 

CLEVELAND ... Diversified industrial manufacturer Eaton Corporation's (NYSE:ETN) Board of Directors today declared a regular quarterly dividend of $.31 per common share, payable on May 27, 2005 to shareholders of record on May 9, 2005. Eaton announced a 15 percent increase in the dividend to $.31 on January 24 of this year. The company has paid dividends on common shares every year since 1923.

Eaton Corporation is a diversified industrial manufacturer with 2004 sales of $9.8 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 56,000 employees and sells products to customers in more than 125 countries.

 

Contact Information

William Hartman, vice president, Investor Relations
(216)523-4501
williamhartman@eaton.com

Gary Klasen, director, Media Relations
(216)523-4736
GaryKlasen@eaton.com