Stanley Black & Decker Announces 4th Quarter Dividend
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.
Sentiment and the balance of points
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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.
Positive
- Extended record for consecutive dividend payments among industrial companies.
- Confidence in financial stability demonstrated by consistent dividend payouts.
Negative
- None.
Details
News Market Reaction – SWK
The recorded move for SWK in the trading session of this news was +2.49%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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