Eaton Quarterly Dividend $.58

The Board of Directors of diversified industrial manufacturer Eaton Corporation ETN today declared a quarterly dividend of $.58 per common share payable on November 26, 2010, to shareholders of record at the close of business on November 8, 2010. Eaton announced an increase in its dividend from $.50 to $.58 per share on July 21. The company has paid dividends on common shares every year since 1923.