In a move that solidifies its status as an industrial leader, Stanley Black & Decker has announced a regular fourth quarter cash dividend of $0.82 per common share. This decision extends the company's impressive record for the longest consecutive dividend payments among industrial companies. Founded in 1843, Stanley Black & Decker has established itself as a global powerhouse in Tools and Outdoor equipment, boasting a diverse portfolio of renowned brands such as DEWALT® and CRAFTSMAN®.
Setting a Record with Dividend Payout
Stanley Black & Decker's recent approval of a $0.82 per common share dividend for the fourth quarter reaffirms its commitment to rewarding shareholders. This move not only marks a significant milestone for the company but also underscores its financial stability and long-term growth prospects.
Financial Strength and Heritage
With a rich heritage dating back to the 19th century, Stanley Black & Decker has built a reputation for excellence and innovation in the Tools and Outdoor industry. The company's consistent performance and enduring legacy make it a top choice for investors seeking reliable returns and sustainable growth.
Global Impact and Trusted Brands
As a global leader in its sector, Stanley Black & Decker maintains a strong presence in key markets worldwide. The company's commitment to quality and innovation is reflected in its diverse portfolio of trusted brands, including the iconic DEWALT® and CRAFTSMAN® labels.
Looking Ahead
As the company prepares to distribute its fourth quarter dividend on December 17, 2024, investors can look forward to continued value and stability from Stanley Black & Decker. With a track record of success and a commitment to excellence, the company remains poised for further growth and expansion in the ever-evolving industrial landscape.