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Cooper Industries Board Declares Dividend

Tue. April 29, 2008; Posted: 01:56 PM
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HOUSTON, Apr 29, 2008 (BUSINESS WIRE) -- CBE | news | PowerRating | PR Charts -- The Board of Directors of Cooper Industries, Ltd. (NYSE:CBE) today declared a regular quarterly dividend of $0.25 on each share of the Company's outstanding common stock. The dividend is payable July 1, 2008, to shareholders of record on May 30, 2008.

About Cooper Industries

Cooper Industries, Ltd. (NYSE:CBE) is a global manufacturer with 2007 revenues of $5.9 billion, approximately 87% of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2007, sixty percent of total sales were to customers in the industrial and utility end-markets and 34% of total sales were to customers outside the United States. Cooper, which has more than 31,500 employees and manufacturing facilities in 23 countries as of 2007, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the website at www.cooperindustries.com.

SOURCE: Cooper Industries, Ltd.

Cooper Industries, Ltd., Houston Jon Safran, 713-209-8610 jon.safran@cooperindustries.com

For full details on Cooper Industries Inc (CBE) click here. Cooper Industries Inc (CBE) has Short Term PowerRatings of 7. Details on Cooper Industries Inc (CBE) Short Term PowerRatings is available at This Link.
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