Le Lézard
Classified in: Business
Subject: DIV

Stanley Black & Decker Announces Dividend Increase To $0.70 Per Share


NEW BRITAIN, Conn., July 14, 2020 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a $0.01 increase of its quarterly cash dividend to $0.70 per common share. This marks the 53rd consecutive annual dividend increase for the company. The dividend is payable on Tuesday, September 15, 2020 to shareholders of record as of the close of business on Tuesday, September 1, 2020.

Stanley Black & Decker's President and CEO, James M. Loree, commented, "A strong and growing dividend is consistent with our capital deployment philosophy to deliver approximately half of our excess capital to shareholders over the long term, reflects our strong financial position and is a key element of our shareholder value proposition."

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
[email protected]

Cort Kaufman
Director, Investor Relations
(860) 515-2741
[email protected]

Stanley Black & Decker. (PRNewsFoto/Stanley Black & Decker) (PRNewsfoto/Stanley Black & Decker)

 

SOURCE Stanley Black & Decker


These press releases may also interest you

at 11:19
On 29 March 2024, BTR New Material Group Co., Ltd. ("BTR")(835185.BJ), a global leader in battery materials, inked an investment agreement with the Moroccan government to erect a lithium battery ternary cathode material facility in the country. The...

at 11:08
AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, "AERKOMM"), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp , a SPAC focused on the technology, media and telecommunications...

at 11:00
American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services, LLC ("TOTE Services") today announced the execution of a Memorandum of Understanding (MOU) to jointly conduct a feasibility study (hereinafter...

at 10:30
Unifi Aviation is making a pledge to employ 500 refugees over the next three years, a commitment the company made at the second annual TENT U.S. Business Summit on Refugees hosted by Pfizer at its global headquarters in New York City on March 26....

at 10:15
Today, Investopedia announced the winners of its 2024 Best Online Broker Awards, featuring 14 categories highlighting winners whose products and services helped investors navigate rising but volatile markets, a crypto resurgence, and new assets like...

at 10:12
NerdsToGo®, a leading information technology (IT) solutions and technology repair services franchise for both business and home, announced today plans for its strategic expansion throughout the greater Chicago area with 20 new territories available...



News published on and distributed by: