Stanley Black & Decker Declares First Quarter Dividend for 2025
Stanley Black & Decker (NYSE: SWK), a global leader in tools and outdoor products, is making headlines today. The company has officially announced that its Board of Directors has approved a regular cash dividend for the first quarter of 2025, totaling $0.82 per common share. This declaration highlights the firm’s longstanding commitment to returning value to its shareholders.
Dividend Announcement Significance
The significance of this dividend announcement cannot be understated. With a history of consecutive annual and quarterly dividend payments among industrial firms listed on the New York Stock Exchange, this declaration further solidifies Stanley Black & Decker's reputation for reliability in maintaining dividends. This is particularly encouraging for current and prospective investors who prioritize consistent returns.
Details of the Cash Dividend
The upcoming dividend is scheduled to be paid on a specific date, ensuring that shareholders enjoy the benefits of their investment. Specifically, the payment will occur on March 18, 2025, and will be allocated to those shareholders recorded as of the close of business on March 4, 2025. This precise timeline demonstrates the meticulous planning standard at Stanley Black & Decker and enhances investor trust.
About Stanley Black & Decker
Established in 1843, Stanley Black & Decker has evolved into a global powerhouse, offering an extensive range of tools and outdoor products. With headquarters in the USA, the company employs around 48,500 individuals worldwide. Their commitment to innovation is evident through their diverse offerings, which include power tools, hand tools, storage solutions, digital jobsite tools, lifestyle products, and engineered fasteners. They cater to various market segments, including builders, tradespeople, and DIY enthusiasts.
Leading Brands Under Stanley Black & Decker
The portfolio of Stanley Black & Decker boasts several trusted brands recognized for their quality and reliability. These brands span across various product lines, with notable names including DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. This quality assurance plays a crucial role in sustaining customer loyalty and driving sales growth worldwide.
Looking Ahead
As the company continues to demonstrate impressive operational effectiveness, it is well-positioned for future growth. Investors are encouraged to monitor how Stanley Black & Decker navigates the evolving economic landscape while maintaining its strong dividend policy. This steadfastness can provide insight into the company’s overall health and the strategic decisions taken by the management team.
Investor Relations Contact Information
For those interested in learning more about Stanley Black & Decker’s financial performance or looking to reach out for investor relations inquiries, the following contacts are available:
Investor Relations Contacts
The investor relations team is available to address any questions or provide additional information. For inquiries, you may reach out to:
Dennis Lange, Vice President, Investor Relations at (860) 827-3833.
Christina Francis, Director, Investor Relations at (860) 438-3470.
Frequently Asked Questions
What is the announced dividend amount for Stanley Black & Decker in 2025?
The announced dividend amount for the first quarter of 2025 is $0.82 per common share.
When will the dividend be payable?
The dividend will be payable on March 18, 2025.
What date is the record date for shareholders?
The record date for shareholders to be eligible for the dividend is March 4, 2025.
What are some of Stanley Black & Decker's leading brands?
Some leading brands include DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®.
How long has Stanley Black & Decker been in business?
Stanley Black & Decker has been in business since 1843, showcasing its extensive experience in the industry.
