Stanley Black & Decker (SWK) will raise its quarterly dividend by 2.0 percent to $0.50 per share in 2013. This follows a much bigger dividend hike of $0.08 to $0.49 per share quarterly last year.
The increased dividend is payable on September 17, 2013 to shareholders of record at the close of business on September 6, 2013. The ex-date for his next dividend is September 4, 2013.
Stanley Black & Decker is a global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions and engineered fastening systems. Its brands include SIDCHROME, AeroScout, DEWALT, Newell Tools and Craftsman, Irwin, Lenox, Craftsman, BLACK+DECKER, SONITROL, Warren, GRIPCO, Porter-Cable, BOSTITCH and WanderGuard.