Snap-on Incorporated Declares Quarterly Dividend

Rhea-AI Summary

Snap-on Incorporated (NYSE: SNA) announced a quarterly dividend of $1.23 per share, payable on June 10, 2021, to shareholders of record on May 21, 2021. The company has maintained uninterrupted quarterly cash dividends since 1939. With a rich history since its founding in 1920, Snap-on is a leading provider of tools and equipment across various industries, boasting a revenue of $3.6 billion and a presence in the S&P 500.

Positive

• Quarterly dividend declared at $1.23 per share, enhancing shareholder returns.
• Consistent dividend payments since 1939 demonstrate financial stability and commitment to shareholders.
• Robust revenue of $3.6 billion indicates strong market position.

Negative

• None.

The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $1.23 per share payable June 10, 2021 to shareholders of record on May 21, 2021. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.

About Snap-on

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, including aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education. Snap-on also derives income from various financing programs to facilitate the sales of its products and support its franchise business. Products and services are sold through the company’s franchisee, company-direct, distributor and internet channels. Founded in 1920, Snap-on is a $3.6 billion, S&P 500 company headquartered in Kenosha, Wisconsin.

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FAQ

What is the dividend amount declared by SNA?

Snap-on declared a quarterly dividend of $1.23 per share.

When is the dividend payment date for SNA?

The dividend is payable on June 10, 2021.

Who is eligible for the SNA dividend?

Shareholders of record on May 21, 2021, are eligible for the dividend.

How long has Snap-on been paying dividends?

Snap-on has paid consecutive quarterly cash dividends without interruption since 1939.

What is Snap-on's revenue figure?

Snap-on reported a revenue of $3.6 billion.