Cooper Industries Board Declares Dividend
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Tue, 03 Nov 2009 20:16:18 GMT |
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Cooper Industries plc
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DUBLIN - (Business Wire) The Board of Directors of Cooper Industries plc (NYSE:CBE) today declared a regular quarterly dividend of $0.25 on each share of the Company's outstanding common stock. The dividend is payable January 4, 2010, to shareholders of record on November 30, 2009. About Cooper Industries Cooper Industries plc (NYSE: CBE) is a global manufacturer with 2008 revenues of $6.5 billion, approximately 88% of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2008, sixty-one percent of total sales were to customers in the industrial and utility end-markets and thirty-seven percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2008. For more information, visit the website at www.cooperindustries.com. Cooper Industries Mark Doheny, 713-209-8484 mark.doheny@cooperindustries.com
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