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Snap-on Incorporated (NYSE: SNA) announced a quarterly dividend of $1.42 per share, payable on September 9, 2022, to shareholders on record as of August 19, 2022. The company has maintained uninterrupted cash dividends since 1939. In 2021, Snap-on generated sales of $4.25 billion, establishing itself as a leader in tools and equipment for professional users across various industries including automotive and aerospace.
Positive
Quarterly dividend of $1.42 reflects strong financial health.
Consecutive dividend payments since 1939 demonstrate consistent shareholder returns.
Sales of $4.25 billion in 2021 indicate robust business performance.
Negative
None.
KENOSHA, Wis.--(BUSINESS WIRE)--
The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $1.42 per share payable September 9, 2022, to shareholders of record on August 19, 2022. 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 including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company’s network of widely recognized franchisee vans as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&P 500 company, generated sales of $4.25 billion in 2021, and is headquartered in Kenosha, Wisconsin.
For additional information, please visit www.snapon.com.
