CLEVELAND … As announced in today's second quarter 2009 earnings news release, the Board of Directors of diversified industrial manufacturer Eaton Corporation (NYSE:ETN) has declared a quarterly dividend of $.50 per common share payable on August 21, 2009, to shareholders of record at the close of business on August 3, 2009. Eaton has paid dividends on common shares every year since 1923.
Eaton Corporation is a diversified power management company with 2008 sales of $15.4 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries.