Eaton Reports Record 2Q Sales, Income
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The company also boosted its quarterly dividend to 39 cents a share, from 35 cents. The dividend will be payable Aug. 25 to shareholders of record as of Aug. 7.
ehicle parts maker Eaton Corp. Monday reported record sales and income for the second quarter.
Eaton earned $253 million or $1.64 a share, compared with $209 million or $1.37 a year earlier.
Second-quarter sales jumped 12% to $3.2 billion, Eaton said in a statement.
The company said its third-quarter earnings per share would be $1.50 to $1.60 per share and that its markets would grow 4% to 5% this year.
