Eaton declares quarterly dividend
CLEVELAND, OHIO...Eaton Corporation's Board of Directors today declared a regular quarterly dividend of $.40 per common share, payable on February 25 to shareholders of record on February 3, 1997. Eaton has paid dividends on common shares annually since 1923.
Eaton Corporation is a global manufacturer of highly engineered products which serve vehicle, industrial, construction, commercial and aerospace markets. In addition to truck transmissions, axles and brakes, principal products include engine components, hydraulic products, electrical power distribution and control equipment, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 54,000 employees and 155 manufacturing sites in 26 countries around the world. Sales for 1996 were $7 billion.