Snap-on Incorporated Declares Quarterly Dividend

Rhea-AI Summary

The Snap-on board has declared a quarterly cash dividend of $1.23 per share, scheduled for payment on September 10, 2021. Shareholders on record as of August 20, 2021 will receive this dividend. Snap-on has maintained uninterrupted dividend payments since 1939, underscoring its long-term commitment to returning value to shareholders. With a strong presence in various industries, Snap-on is recognized for its innovative tools and solutions, contributing to its status as a $3.6 billion S&P 500 company.

Positive

• Quarterly dividend of $1.23 per share enhances shareholder income.
• Company has a long-standing record of uninterrupted dividends since 1939.
• Strong financial positioning with annual revenue of $3.6 billion.

Negative

• None.

The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $1.23 per share payable September 10, 2021 to shareholders of record on August 20, 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.

For additional information, please visit www.snapon.com.

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FAQ

What is the dividend amount declared by Snap-on for Q3 2021?

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

When is the Snap-on dividend payment date?

The dividend is payable on September 10, 2021.

What is the record date for Snap-on's dividend?

The record date for the dividend is August 20, 2021.

How long has Snap-on been paying dividends?

Snap-on has paid dividends without interruption since 1939.

What industries does Snap-on serve?

Snap-on serves industries including aviation, agriculture, construction, and military.