Business
The Eastern Company Declares 325th Regular Quarterly Cash Dividend
NAUGATUCK, CT / ACCESSWIRE / November 2, 2021 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of
About this update from Eastern Company (the)
[{"type":"text","content":"NAUGATUCK, CT / ACCESSWIRE / November 2, 2021 / 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, 2021, to common shareholders of record as of November 15, 2021. This dividend represents the Company's 325th consecutive quarterly dividend.About the CompanyThe Eastern Company manages industrial businesses that design, manufacture and sell unique engineered solutions to niche markets, focusing on industries that offer long-term macroeconomic growth opportunities. The Company operates from locations in the U.S., Canada, Mexico, U.K., Taiwan and China. More information on the Company can be found at www.easterncompany.com.Safe Harbor for Forward-Looking StatementsStatements in this document about our future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the rules, regulations and releases of the Securities and Exchange Commission. Any statements that are not statements of historical fact, including statements containing the words \"would\", \"should\", \"may,\" \"will,\" \"believes,\" \"estimates,\" \"intends\", \"continues,\" \"reflects,\" \"plans,\" \"anticipates,\" \"expects,\" \"potential,\" \"opportunities\" and similar expressions, should also be considered to be forward-looking statements. Readers should not place undue reliance on these forward-looking statements, which are based upon management's current beliefs and expectations. These forward-looking statements are subject to risks and uncertainties, and actual results might differ materially from those discussed in, or implied by, the forward-looking statements. The risks and uncertainties that could cause actual results or events to differ materially from those indicated by such forward-looking statements include, but are not limited to, the effects of the COVID-19 pandemic, vaccination rates, the emergence of variants of COVID-19, and the measures being taken to limit the spread and resurgence of COVID-19, including supply chain disruptions, delays in delivery of our products to our customers, impact on demand for our products, reductions in production levels, increased costs, including costs of raw materials, the im...