Stanley Black & Decker, Inc. (SWK) To Go Ex-Dividend on September 8th

Stanley Black & Decker, Inc. (NYSE:SWK) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Tuesday, September 8th will be paid a dividend of 0.84 per share by the industrial products company on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 3.7%. 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 raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 58 consecutive years. Stanley Black & Decker has a payout ratio of 58.8% indicating that its dividend is sufficiently covered by earnings. Research 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 Up 4.4%

NYSE SWK opened at $91.22 on Friday. Stanley Black & Decker has a 52 week low of $61.90 and a 52 week high of $95.16. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $14.18 billion, a P/E ratio of 37.39, a price-to-earnings-growth ratio of 1.22 and a beta of 1.16. The stock’s 50-day moving average price is $84.59 and its 200-day moving average price is $80.70.

Stanley Black & Decker (NYSE:SWK) last released 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. The company had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research 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.