Stanley Black & Decker Announces 2nd Quarter Dividend

Rhea-AI Summary

Stanley Black & Decker (NYSE: SWK) has declared a cash dividend of $0.79 per common share for the second quarter, payable on June 21, 2022, to shareholders on record as of June 7, 2022. This dividend extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial firms on the NYSE. Stanley Black & Decker operates nearly 50 manufacturing facilities in the USA and over 100 globally, producing well-known brands including DEWALT and BLACK+DECKER.

Positive

• Regular cash dividend of $0.79 per share indicates strong financial health.
• Longest consecutive dividend payments among industrial companies boosts investor confidence.

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• None.

New Britain, Conn., April 22, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular second quarter cash dividend of $0.79 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 21, 2022 to shareholders of record as of the close of business on Tuesday, June 7, 2022.

Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company's more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world's makers, creators, tradespeople and builders. The company's iconic brands include DEWALT, BLACK+DECKER, CRAFTSMAN, STANLEY, Cub Cadet, Hustler and Troy-Bilt. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.

Stanley Black & Decker Investor Contacts

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

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

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SOURCE Stanley Black & Decker

FAQ

What is the dividend amount for SWK in Q2 2022?

The dividend amount for Stanley Black & Decker (SWK) in Q2 2022 is $0.79 per common share.

When is the dividend payable for SWK?

The dividend for SWK is payable on June 21, 2022.

What is the record date for the SWK dividend?

The record date for the SWK dividend is June 7, 2022.

How does SWK's dividend history compare to others?

SWK has the longest consecutive annual and quarterly dividend payments among industrial companies listed on the NYSE.