Snap-on Raises Dividend 15.1%
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Snap-on Incorporated has announced a 15.1% increase in its quarterly dividend, raising it to $2.14 per share. This marks the 15th consecutive annual dividend increase for the company.
November 08, 2024 | 1:45 pm
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Snap-on has increased its quarterly dividend by 15.1% to $2.14 per share, continuing its long history of uninterrupted dividend payments since 1939.
The increase in dividend reflects Snap-on's strong financial position and commitment to returning value to shareholders. This is likely to positively impact investor sentiment and could lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100