Stanley Black & Decker raises dividend by 1 cent

2023-07-28 - Scroll down for original article

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Stanley Black & Decker SWK, +1.24% has raised its quarterly cash dividend by one cent, to 81 cents a share. The tool maker will pay the dividend on Sept. 19 to shareholders of record as of Sept. 5. “We are pleased to announce this dividend increase as our long-standing commitment to rewarding shareholders through growing cash dividends is a key element of our overall shareholder value proposition,” Chief Executive Donald Allan Jr. said.