Cooper Industries Board Declares Dividend

Published on Monday, 02 August 2010 12:43 Written by TradersHuddle Staff

DUBLIN-( Business Wire )-

The Board of Directors of Cooper Industries plc (NYSE:CBE) today declared a regular quarterly dividend of $0.27 on each share of the Company’s outstanding common stock. The dividend is payable October 1, 2010, to shareholders of record on August 31, 2010.

About Cooper Industries

Cooper Industries plc (NYSE: CBE) is a global electrical products manufacturer with 2009 revenues of $5.1 billion. 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 seven 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 2009, sixty-one percent of total sales were to customers in the industrial and utility end-markets and thirty-nine percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2009. For more information, visit the website at www.cooperindustries.com.

Cooper IndustriesMark Doheny, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.