Snap-on Incorporated Declares Quarterly Dividend

Rhea-AI Summary

Snap-on Incorporated (NYSE: SNA) has declared a quarterly common stock dividend of $1.62 per share. The dividend will be payable on September 11, 2023, to shareholders of record as of August 18, 2023. Snap-on has a long history of paying consecutive quarterly cash dividends since 1939.

KENOSHA, Wis.--(BUSINESS WIRE)-- The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $1.62 per share payable September 11, 2023, to shareholders of record at the close of business on August 18, 2023. 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 $4.5 billion in 2022, and is headquartered in Kenosha, Wisconsin.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20230803598445/en/

Investors:

Sara Verbsky

262/656-4869

Media:

Samuel Bottum

262/656-5793

Source: Snap-on Incorporated

FAQ

What is the dividend amount declared by Snap-on Incorporated?

Snap-on Incorporated has declared a quarterly common stock dividend of $1.62 per share.

When will the dividend be payable?

The dividend will be payable on September 11, 2023.

Who are eligible to receive the dividend?

Shareholders of record at the close of business on August 18, 2023, will be eligible to receive the dividend.

Does Snap-on Incorporated have a history of paying dividends?

Yes, Snap-on has paid consecutive quarterly cash dividends since 1939.