Stanley Black & Decker, Inc. (SWK) to Issue Quarterly Dividend of $0.83 on March 24th

Stanley Black & Decker, Inc. (NYSE:SWK) declared a quarterly dividend on Tuesday, February 24th. Investors of record on Tuesday, March 10th will be paid a dividend of 0.83 per share by the industrial products company on Tuesday, March 24th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, March 10th.

Stanley Black & Decker has increased its dividend payment by an average of 0.0%per year 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% meaning its dividend is sufficiently covered by earnings. Research 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 Stock Down 2.4%

Shares of NYSE:SWK opened at $76.09 on Friday. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The firm has a market cap of $11.80 billion, a P/E ratio of 28.71, a P/E/G ratio of 1.09 and a beta of 1.18. Stanley Black & Decker has a 12 month low of $53.91 and a 12 month high of $93.37. The company’s 50-day moving average price is $83.40 and its two-hundred day moving average price is $76.04.

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

Stanley Black & Decker Company Profile

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.