Stanley Black & Decker, Inc. (SWK) to Distribute Quarterly Dividend of $0.84 on September 22nd

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 3.5%. The ex-dividend date of this dividend 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 raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 58 years. Stanley Black & Decker has a payout ratio of 59.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Stanley Black & Decker to earn $6.24 per share next year, which means the company should continue to be able to cover its $3.36 annual dividend with an expected future payout ratio of 53.8%.

Stanley Black & Decker Stock Performance

Shares of SWK stock opened at $97.24 on Friday. Stanley Black & Decker has a 12-month low of $61.90 and a 12-month high of $104.68. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The stock has a 50 day simple moving average of $95.20 and a 200-day simple moving average of $83.92. The company has a market cap of $14.68 billion, a price-to-earnings ratio of 23.72, a price-to-earnings-growth ratio of 1.50 and a beta of 1.17.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the firm earned $1.08 EPS. The business’s revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities analysts forecast that Stanley Black & Decker will post 5.57 EPS for the current year.

About Stanley Black & Decker

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.