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Actionable news in SWK: STANLEY BLACK & DECKER Inc,

Stanley Black & Decker Dividend Offers 1.9% Yield

Stanley Black & Decker (NYSE: SWK) disclosed that its Board has approved a $0.03 increase of its quarterly cash dividend to $0.58 per common share. According to the company, this marked the 49th straight annual dividend increase for the company. The dividend offered 1.9 percent yield, which was lower than the average 2.2 percent yield in the five-year period.

Stanley Black & Decker said that the...