Stanley Black & Decker Announces 4th Quarter Dividend

Rhea-AI Summary

Stanley Black & Decker (NYSE: SWK) has announced a fourth quarter cash dividend of $0.80 per share, extending its record for the longest consecutive annual and quarterly dividend payments among industrial companies on the NYSE. The dividend is due on December 20, 2022 for shareholders of record as of December 1, 2022.

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• Extended record for consecutive dividend payments among industrial companies.
• Confidence in financial stability demonstrated by consistent dividend payouts.

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• None.

NEW BRITAIN, Conn., Oct. 20, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular fourth quarter cash dividend of $0.80 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 20, 2022 to shareholders of record as of the close of business on Thursday, December 1, 2022.

About Stanley Black & Decker

Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating manufacturing facilities worldwide. Guided by its purpose – for those who make the world – the company's approximately 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

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

 

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SOURCE Stanley Black & Decker

FAQ

What is the fourth quarter dividend amount for SWK?

The fourth quarter dividend for SWK is $0.80 per share.

When will Stanley Black & Decker pay the fourth quarter dividend?

The dividend will be paid on December 20, 2022.

What date do I need to own shares of SWK to receive the dividend?

You need to own shares by the close of business on December 1, 2022.

How long has SWK paid dividends consecutively?

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