Stanley Black & Decker
SWK,
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.
This post was originally published on Market Watch
