The Eastern Co (EML) Declares $0.11 Quarterly Dividend; 2.7% Yield
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The Eastern Company Declares Regular Quarterly Cash Dividend
October 28, 2015 5:23 PM EDTNAUGATUCK, 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 December 15, 2015, to common shareholders of record as of November 18, 2015. This dividend represents the Companys 301st consecutive quarterly dividend
About the CompanyThe Eastern Company is a 157-year-old manufacturer of industrial... More
The Eastern Company Reports Results for the Third Quarter and Nine Months of 2015
October 28, 2015 12:14 PM EDTNAUGATUCK, Conn.--(BUSINESS WIRE)-- The Eastern Company (NASDAQ-EML) today announced the results of its operations for the third quarter and nine months of 2015. Sales for the quarter were $36.2 million, compared to $35.8 million for the same period in 2014. Net income for the third quarter was $2.5 million or $0.41 per diluted share, compared to the $2.4 million or $0.39 per diluted share, reported in the third quarter of 2014.
Net sales for the nine months of 2015 were $110.2 million compared to $106.4 million for the first nine months of 2014, a 4% increase. For the nine month period ended October 3, 2015 net income was $4.0 million or $0.64 per... More
