Stanley Black & Decker, Inc. (NYSE:SWK) Declares $0.83 Quarterly Dividend

Stanley Black & Decker, Inc. (NYSE:SWKGet Free Report) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.83 per share by the industrial products company on Tuesday, March 24th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, March 10th.

Stanley Black & Decker has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 58 years. Stanley Black & Decker has a payout ratio of 58.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Stanley Black & Decker to earn $6.29 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 52.8%.

Stanley Black & Decker Price Performance

SWK stock traded down $3.33 during trading on Wednesday, hitting $85.93. The stock had a trading volume of 860,326 shares, compared to its average volume of 1,929,416. The company’s 50-day moving average price is $82.08 and its two-hundred day moving average price is $75.57. Stanley Black & Decker has a twelve month low of $53.91 and a twelve month high of $93.37. The stock has a market capitalization of $13.31 billion, a P/E ratio of 32.45, a PEG ratio of 1.26 and a beta of 1.21. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35.

Stanley Black & Decker (NYSE:SWKGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts predict that Stanley Black & Decker will post 5.16 EPS for the current fiscal year.

About Stanley Black & Decker

(Get Free Report)

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.

Further Reading

Dividend History for Stanley Black & Decker (NYSE:SWK)

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