Stanley Black & Decker     Print Page  |  Close Window

Press Release

Stanley Black & Decker Announces Dividend Increase To $0.55 Per Share

NEW BRITAIN, Conn., July 23, 2015 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a $0.03 increase of its quarterly cash dividend to $0.55 per common share. This marks the 48th consecutive annual dividend increase for the company. The dividend is payable on Tuesday, September 22, 2015 to shareholders of record as of the close of business on Friday, September 4, 2015.

Stanley Black & Decker's Chairman and CEO, John F. Lundgren, commented, "A strong and growing dividend remains a cornerstone of our shareholder value proposition. The increase we announced today reflects our confidence in the cash generation potential for the company and maintains our compelling dividend payout."

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, mechanical access and electronic security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

Stanley Black & Decker, Inc.
Greg Waybright, (860) 827-3833
Vice President, Investor & Government Relations
greg.waybright@sbdinc.com

Stanley Black & Decker.

Logo - http://photos.prnewswire.com/prnh/20150416/199180LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/stanley-black--decker-announces-dividend-increase-to-055-per-share-300117895.html

SOURCE Stanley Black & Decker

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Stanley Black & Decker, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.