Stanley Black & Decker, Inc. (NYSE:SWK) Declares Quarterly Dividend of $0.84

Stanley Black & Decker, Inc. (NYSE:SWK) declared a quarterly dividend on Thursday, July 23rd. Shareholders 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) dividend on an annualized basis 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 raised its dividend by an average of 0.0%annually 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. Equities 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 Price Performance

Shares of SWK opened at $87.42 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. Stanley Black & Decker has a 52-week low of $61.90 and a 52-week high of $95.16. The stock has a 50 day simple moving average of $84.27 and a 200 day simple moving average of $80.63. The firm has a market capitalization of $13.59 billion, a PE 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 quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The business had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the previous year, the firm posted $0.75 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts predict that Stanley Black & Decker will post 5.35 EPS for the current fiscal 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.