SEC Filing Summary: The Eastern Company (8-K)
Business Context and Reporting Period
This Form 8-K was filed by The Eastern Company on October 22, 2008. The report discloses a material event under Regulation FD regarding a change in the company's quarterly dividend policy.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The primary financial metric disclosed is a 12.5% increase in the quarterly dividend.
Material Changes
- Dividend Increase: The company announced a 12.5% increase in its quarterly dividend.
- Payment Date: The increased dividend is payable on December 15, 2008.
- Record Date: Common stock shareholders of record as of November 21, 2008, are eligible for the payment.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items beyond the dividend announcement. The document serves solely to disclose the dividend increase via an attached press release.
Investor Verification Checklist
- Verify the exact dollar amount of the new quarterly dividend per share.
- Confirm the record date of November 21, 2008, for shareholder eligibility.
- Review the attached press release (Exhibit 99) for any additional context on the dividend increase rationale.