Stanley Black & Decker, Inc. (NYSE:SWK) Announces Dividend Increase – $0.84 Per Share

Stanley Black & Decker, Inc. (NYSE:SWK) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Tuesday, September 8th will be given a dividend of 0.84 per share by the industrial products company on Tuesday, September 22nd. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, September 8th. This is a 1.2% increase from Stanley Black & Decker’s previous quarterly dividend of $0.83.

Stanley Black & Decker has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 58 consecutive years. Stanley Black & Decker has a dividend payout ratio of 58.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Stanley Black & Decker to earn $6.10 per share next year, which means the company should continue to be able to cover its $3.32 annual dividend with an expected future payout ratio of 54.4%.

Stanley Black & Decker Stock Down 2.1%

Stanley Black & Decker stock opened at $87.42 on Friday. The firm has a 50 day simple moving average of $84.27 and a 200 day simple moving average of $80.63. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. Stanley Black & Decker has a 1-year low of $61.90 and a 1-year high of $95.16. The firm has a market capitalization of $13.59 billion, a price-to-earnings ratio of 35.83, a P/E/G ratio of 1.25 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the prior year, the business posted $0.75 earnings per share. The business’s quarterly revenue was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts predict that Stanley Black & Decker will post 5.35 earnings per share for the current year.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.