Stanley Black & Decker Announces 2nd Quarter Dividend

Rhea-AI Summary

Stanley Black & Decker (NYSE: SWK) has announced a second quarter cash dividend of $0.70 per common share, reinforcing its status as a leader in consistent dividend payments among industrial companies on the NYSE. The dividend will be paid on June 22, 2021, to shareholders of record by the close of business on June 8, 2021. This announcement highlights the company's strong financial health and commitment to returning value to its shareholders.

Positive

• Longest consecutive annual and quarterly dividend payments among industrial companies on NYSE.
• Dividend of $0.70 per share enhances shareholder returns.

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• None.

NEW BRITAIN, Conn., April 23, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular second quarter cash dividend of $0.70 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 22, 2021 to shareholders of record as of the close of business on Tuesday, June 8, 2021.

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

Stanley Black & Decker Investor Contacts

Dennis Lange
Vice President, Investor Relations
(860) 827-3833
dennis.lange@sbdinc.com

Cort Kaufman
Director, Investor Relations
(860) 515-2741
cort.kaufman@sbdinc.com

Christina Francis
Director, Investor Relations
(860) 438-3470
christina.francis@sbdinc.com

 

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SOURCE Stanley Black & Decker

FAQ

What is the upcoming dividend for Stanley Black & Decker (SWK)?

The upcoming dividend for Stanley Black & Decker (SWK) is $0.70 per common share.

When will Stanley Black & Decker's dividend be paid?

The dividend will be paid on June 22, 2021.

What is the record date for the SWK dividend?

The record date for the SWK dividend is June 8, 2021.

How often does Stanley Black & Decker pay dividends?

Stanley Black & Decker pays dividends quarterly.

Is the dividend from SWK sustainable?

While the press release does not specifically address sustainability, the company's long history of consistent dividend payments suggests confidence in its financial health.