The Board of Directors of diversified industrial manufacturer Eaton Corporation declared a quarterly dividend of $0.50 per common share payable on November 27, 2009, to shareholders of record at the close of business on November 9, 2009. The company has paid dividends on common shares every year since 1923.

Eaton Corporation expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 23, 2009).

Eaton Corporation announced consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net sales of $3,028 million against $4,114 million a year ago. Income from continuing operations before income taxes was $166 million against $357 million a year ago. Income from continuing operations was $194 million against $318 million a year ago. Net income attributable to the company was $193 million or $1.14 per diluted share against $315 million or $1.87 per diluted share a year ago. Operating earnings were $205 million against $329 million a year ago. Operating cash flow was $471 million. Net income in both periods included charges related to the integration of acquisitions. Before these acquisition integration charges, operating earnings per share in the third quarter of 2009 were $1.21 versus $1.95 in 2008, a decrease of 38%. For the nine months, the company reported net sales of $8,742 million against $11,889 million a year ago. Income from continuing operations before income taxes was $133 million against $1,004 million a year ago. Income from continuing operations was $173 million against $902 million a year ago. Net income attributable to the company was $172 million or $1.02 per diluted share against $895 million or $5.55 per diluted share a year ago. Operating earnings were $208 million or $1.23 per share against $929 million or $5.78 per share a year ago. The company provided earnings guidance for the fourth quarter and full year of 2009. For the fourth quarter of 2009, the company anticipates net income per share will be between $1.00 and $1.10 and operating earnings per share, which exclude charges to integrate the company's recent acquisitions, will be between $1.15 and $1.25. For the full year, the company anticipates that net income per share will be between $2.05 and $2.15, and operating earnings per share will be between $2.40 and $2.50.