Snap-On Incorporated (SNA) to Issue Quarterly Dividend of $2.44 on June 10th

Snap-On Incorporated (NYSE:SNA) announced a quarterly dividend on Thursday, April 30th. Investors of record on Wednesday, May 20th will be given a dividend of 2.44 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, May 20th.

Snap-On has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 15 consecutive years. Snap-On has a payout ratio of 48.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Snap-On to earn $20.86 per share next year, which means the company should continue to be able to cover its $9.76 annual dividend with an expected future payout ratio of 46.8%.

Snap-On Stock Up 0.1%

Shares of Snap-On stock opened at $359.93 on Monday. The stock has a market capitalization of $18.64 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 2.53 and a beta of 0.75. Snap-On has a twelve month low of $301.82 and a twelve month high of $400.88. The company has a current ratio of 3.53, a quick ratio of 2.74 and a debt-to-equity ratio of 0.15. The business’s 50 day simple moving average is $371.77 and its 200-day simple moving average is $362.23.

Snap-On (NYSE:SNA) last issued its earnings results on Thursday, April 23rd. The company reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.75 by ($0.06). The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Snap-On had a return on equity of 17.13% and a net margin of 21.28%.Snap-On’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $4.51 earnings per share. Equities research analysts forecast that Snap-On will post 19.7 earnings per share for the current year.

More Snap-On News

Here are the key news stories impacting Snap-On this week:

• Positive Sentiment: Zacks Research raised its Q1 2028 earnings estimate for Snap-On, suggesting slightly better long-term profit outlook and supporting the stock’s valuation. Snap-On stock page
• Positive Sentiment: Snap-On has a $500 million share buyback authorization in place, which can support earnings per share and signals management confidence in the company’s value. Snap-On stock page
• Neutral Sentiment: CFO Aldo John Pagliari sold 5,713 shares under a pre-arranged 10b5-1 trading plan. While insider selling can draw attention, the planned nature of the trade makes it less indicative of a fundamental problem. SEC filing
• Negative Sentiment: Zacks Research cut Snap-On’s FY2026 earnings estimate to $19.62 per share from $19.90, pointing to softer near-term earnings expectations. Snap-On stock page
• Negative Sentiment: The analyst also reduced several quarterly and FY2027 EPS forecasts, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027, which may weigh on investor sentiment. Snap-On stock page

Snap-On Company Profile

Snap?On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap?On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap?On has established a long history in the professional tools market.