Eastern Co(NASDAQ:EML) Declares Dividend of $0.1100.

Eastern Co (NASDAQ:EML) had declared a cash dividend of $0.1100 on Jul 28, 2016. The shares will quote ex-dividend on Aug 15, 2016 and the record date has been fixed for Aug 17, 2016. On Jul 28, 2016 share price, the yield comes out to be 2.5657%. The dividend payable date has been fixed on Sep 15, 2016.

Eastern Co (EML) shares turned negative on Thursdays trading session with the shares closing down -0.06 points or -0.33% at a volume of 16,806. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $18.5. The peak price level was also seen at $18.5 while the days lowest was $18.07. Finally the shares closed at $18.21. The 52-week high of the shares is $19.27 while the 52-week low is $15.01. According to the latest information available, the market cap of the company is $114 M.

Eastern Co(EML) last announced its earnings results on Apr 29, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $0.10.

Several Insider Transactions has been reported to the SEC. On Jun 30, 2016, James A Mitarotonda (director) purchased 10,000 shares at $16.44 per share price.Also, On Jun 30, 2016, Frederick D. Disanto (director) purchased 2,000 shares at $16.36 per share price.On Jun 11, 2015, Charles W Henry (director) sold 5,000 shares at $19.29 per share price, according to the Form-4 filing with the securities and exchange commission.

The Eastern Company is engaged in the manufacture and sale of industrial hardware security products and metal products from six the United States operations and seven wholly owned foreign subsidiaries. The Company maintains thirteen physical locations. The Company operates in three business segments: Industrial Hardware Security Products and Metal Products. The Security Products segment provides products that safeguard property and control access. The Industrial Hardware segment manufactures a selection of latches locks and other security hardware used in the transportation and industrial sector. The Company’s Metal Products segment manufactures anchoring devices for supporting underground mine roofs. The Company operates from locations in the United States Canada Mexico Hong Kong Taiwan and China.

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