Stanley Black & Decker (SWK) will raise its quarterly dividend by 4.0 percent to $0.52 per share in 2014. Last year ITW hiked its quarterly dividend by 1 cent to 50 cents per share.
The increased dividend is payable on September 16, 2014 to shareholders of record at the close of business on September 5, 2014. The ex-date for his next dividend of 52 cents per share is September 3, 2014.
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.