1. SWK declared a quarterly cash dividend of $0.82 per share. 2. This marks the longest ongoing dividend payments for an industrial company. 3. Dividend payable on March 18, 2025, boosts shareholder confidence. 4. The company has a robust employee base producing diverse tools and solutions. 5. Strong brand portfolio supports SWK’s market leadership in tools and outdoor.
Consistent dividend payments typically enhance investor trust and stock stability. Historical data shows positive price responses post-dividend announcements.
The announcement can directly influence investment interest and market performance for SWK.
Dividend announcements usually realize immediate investor reactions, impacting price shortly thereafter.
Stanley Black & Decker (NYSE: SWK), a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a regular first quarter cash dividend of $0.82 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, March 18, 2025, to shareholders of record as of the close of business on Tuesday, March 4, 2025.
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 48,500 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.
Dennis Lange
Vice President, Investor Relations
[email protected]
(860) 827-3833
Christina Francis
Director, Investor Relations
[email protected]
(860) 438-3470
SOURCE Stanley Black & Decker, Inc.