Eaton Board of Directors Declare First-Quarter Dividend

January 23, 2005 by Jeff Shepard

Eaton Corp. (Cleveland, OH) announced that its Board of Directors has declared a first-quarter dividend of $0.31 per share, representing a 15% increase over the previous quarterly dividend of $0.27 per share. The dividend is payable on February 25, 2005, to shareholders of record at the close of business on February 7, 2005. Eaton has paid dividends on common shares every year since 1923.