Stanley Black & Decker Announces 4th Quarter Dividend

Rhea-AI Summary

Stanley Black & Decker (NYSE: SWK) has announced a $0.70 cash dividend per share for the fourth quarter, continuing its record of consecutive annual and quarterly dividend payments among industrial companies on the NYSE. This dividend is payable on December 15, 2020 to shareholders who are on record as of the close of business on December 1, 2020. The company operates as a diversified provider of tools and security solutions, contributing to its robust market position.

Positive

• Approval of a $0.70 cash dividend per share.
• Continued record for longest consecutive dividend payments among industrial companies.

Negative

• None.

NEW BRITAIN, Conn., Oct. 13, 2020 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular fourth 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, December 15, 2020 to shareholders of record as of the close of business on Tuesday, December 1, 2020.

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 

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SOURCE Stanley Black & Decker

FAQ

What is the dividend amount announced by Stanley Black & Decker for Q4 2020?

Stanley Black & Decker announced a dividend of $0.70 per share for Q4 2020.

When is the Q4 2020 dividend payable?

The dividend is payable on December 15, 2020.

When is the record date for the Q4 2020 dividend payment?

The record date for the dividend payment is December 1, 2020.

How does the Q4 dividend impact Stanley Black & Decker's stockholders?

The Q4 dividend reaffirms the company’s commitment to returning value to its shareholders.