Stanley Black & Decker Announces 4th Quarter Preferred Stock Dividend
On October 13, 2020, Stanley Black & Decker (NYSE: SWK) announced a $12.50 dividend on its Series C Cumulative Perpetual Convertible Preferred Stock for the fourth quarter.
Sentiment and the balance of points
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Rhea-AI Summary
On October 13, 2020, Stanley Black & Decker (NYSE: SWK) announced a $12.50 dividend on its Series C Cumulative Perpetual Convertible Preferred Stock for the fourth quarter. The payment date is set for November 16, 2020, for shareholders on record as of November 13, 2020. As an S&P 500 company, Stanley Black & Decker is recognized as a leading global provider of tools and related solutions. This dividend reflects the company's commitment to providing value to its shareholders.
Positive
- $12.50 dividend per preferred share for Q4
- Dividend payment date set for November 16, 2020
- Affirms commitment to shareholder value
Negative
- None.
Details
News Market Reaction – SWK
The recorded move for SWK in the trading session of this news was -0.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW BRITAIN, Conn., Oct. 13, 2020 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a fourth quarter dividend of
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
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