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

Stanley Black & Decker, Inc. (NYSE:SWK) declared a quarterly dividend on Friday, April 24th. Investors of record on Monday, June 8th will be paid a dividend of 0.83 per share by the industrial products company on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, June 8th.

Stanley Black & Decker has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 58 consecutive years. Stanley Black & Decker has a dividend payout ratio of 58.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Stanley Black & Decker to earn $6.12 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 54.2%.

Stanley Black & Decker Trading Down 1.1%

Shares of SWK stock opened at $78.48 on Friday. Stanley Black & Decker has a 1 year low of $61.90 and a 1 year high of $93.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43. The stock’s 50 day simple moving average is $75.09 and its two-hundred day simple moving average is $76.86. The company has a market cap of $12.20 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The firm had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts predict that Stanley Black & Decker will post 5.32 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Capital Research Global Investors raised its holdings in shares of Stanley Black & Decker by 0.7% during the fourth quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock worth $954,991,000 after purchasing an additional 88,402 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Stanley Black & Decker by 1.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock worth $735,239,000 after purchasing an additional 101,769 shares during the last quarter. State Street Corp raised its holdings in shares of Stanley Black & Decker by 2.3% during the second quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after purchasing an additional 215,960 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Stanley Black & Decker by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,976,851 shares of the industrial products company’s stock worth $353,618,000 after purchasing an additional 92,573 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Stanley Black & Decker by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after purchasing an additional 1,450,170 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

About Stanley Black & Decker

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.