NAUGATUCK, Conn.--(BUSINESS WIRE)--April 25, 2007--The Eastern
Company (AMEX-EML) today announced the declaration of its regular
quarterly cash dividend of eight cents ($0.08) per share, payable June
15, 2007, to common stock shareholders of record as of May 18, 2007.
This dividend represents the Company's 267th consecutive quarterly
The Eastern Company is a 149-year-old manufacturer of vehicular
and industrial hardware, locks, metal castings, coin collection and
smart card products. It operates from nine locations in the U.S.,
Canada, Mexico, Taiwan and China. The diversity of the Company's
products enables it to respond to the changing requirements of a broad
array of markets.
Forward-Looking Statements: Information in this news release
contains statements which reflect the Company's current expectations
regarding its future operating performance and achievements. Actual
results may differ due to the many economic uncertainties that affect
the Company's business environment. Further information about the
potential factors which could affect the Company's financial results
are included in the Company's reports and filings with the Securities
and Exchange Commission. The Company is not obligated to update or
revise the aforementioned statements for those new developments.
CONTACT: The Eastern Company
Leonard F. Leganza or John L. Sullivan III
SOURCE: The Eastern Company