Stanley Black & Decker (SWK) Raises Quarterly Dividend 4.8% to $0.66; 1.9% Yield

Stanley Black & Decker (NYSE: SWK) declared a quarterly dividend of $0.66 per share, or $2.64 annualized. This is a 4.8% increase from the prior dividend of $0.63.

The dividend will be payable on September 18, 2018, to stockholders of record on September 7, 2018, with an ex-dividend date of September 6, 2018.

The annual yield on the dividend is 1.9 percent.

Stanley Black & Decker's President and CEO, James M. Loree, commented, "A strong and growing dividend reflects the continued cash generation potential of the company and is a key element of our shareholder value proposition. I am pleased to continue this trend of consecutive increases, which maintains our compelling dividend payout."

For a dividend history and other dividend-related data on Stanley Black & Decker (SWK) click here.

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