The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.55 per ordinary share payable November 20, 2015 to shareholders of record at the close of business on November 9, 2015.
For U.S. tax purposes, Eaton estimates that all of the 2015 dividend will be treated as a return of capital to shareholders, to the extent of the shareholder’s tax basis in the shares. Additional information about the tax treatment of the dividend, including actual return of capital information for 2014, is available at the investor relations page of the Eaton website, www.Eaton.com.
Eaton has paid dividends on its common shares every year since 1923.
