Stanley Black & Decker Increases Quarterly Dividend From $0.81 To $0.82 Per Share
Portfolio Pulse from Benzinga Newsdesk
Stanley Black & Decker (NYSE: SWK) announced a $0.01 increase in its quarterly cash dividend to $0.82 per share, payable on September 17, 2024, to shareholders of record as of September 3, 2024.
July 25, 2024 | 9:11 pm
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Stanley Black & Decker has increased its quarterly dividend from $0.81 to $0.82 per share. This move signals confidence in the company's financial health and commitment to returning value to shareholders.
The increase in the quarterly dividend indicates that Stanley Black & Decker is performing well financially and is committed to providing returns to its shareholders. This is likely to have a positive short-term impact on the stock price as it reflects the company's stability and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100