Cooper Industries Board Declares Dividend
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.
