NAUGATUCK, Conn.--(BUSINESS WIRE)--The Eastern Company (NASDAQ-EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable March 16, 2015, to common stock shareholders of record as of February 23, 2015. This dividend represents the Company’s 298th consecutive quarterly dividend.
The Eastern Company is a 156-year-old manufacturer of industrial hardware, security products and metal castings. It operates from twelve locations in the U.S., Canada, Mexico, Taiwan and China. The diversity of the Company’s products helps 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 is 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.