Eaton Declares Quarterly Dividend Payable August 18, 2017
DUBLIN–(BUSINESS WIRE)–The Board of Directors of power management company Eaton (NYSE:ETN)
today declared a quarterly dividend of $0.60 per ordinary share. The
dividend is payable August 18, 2017 to shareholders of record at the
close of business on August 4, 2017.
For U.S. tax purposes, Eaton estimates that all of the 2017
dividend will be treated as a return of capital to shareholders, to the
extent of the shareholder’s tax basis in the shares. Additional
information about the tax treatment of the dividend, including actual
return of capital information for 2016, is available at the investor
relations page of the Eaton website, www.Eaton.com.
Eaton has paid dividends on its shares every year since 1923.
Eaton is a power management company with 2016 sales of $19.7 billion. We
provide energy-efficient solutions that help our customers effectively
manage electrical, hydraulic and mechanical power more efficiently,
safely and sustainably. Eaton is dedicated to improving the quality of
life and the environment through the use of power management
technologies and services. Eaton has approximately 95,000 employees and
sells products to customers in more than 175 countries. For more
information, visit Eaton.com.
Contacts
Eaton Communications
Scott Schroeder, +1 440-523-5150
[email protected]