Stanley Black & Decker, Inc. (NYSE:SWK) Shares Set to Pay Quarterly Dividend of $0.84

Stanley Black & Decker, Inc. (NYSE:SWK – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Investors of record on Tuesday, December 1st will be given a dividend of $0.84 per share by the industrial products company on Tuesday, December 22nd. This represents a $3.36 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, December 1st.

Stanley Black & Decker has a dividend payout ratio of 59.5% meaning its dividend is sufficiently covered by earnings. Analysts expect Stanley Black & Decker to earn $6.19 per share next year, which means the company should continue to be able to cover its $3.36 annual dividend with an expected future payout ratio of 54.3%.

Stanley Black & Decker Stock Up 3.3%

NYSE:SWK opened at $103.64 on Friday. The stock has a fifty day simple moving average of $93.35 and a 200-day simple moving average of $85.50. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. Stanley Black & Decker has a twelve month low of $61.90 and a twelve month high of $104.68. The company has a market cap of $15.65 billion, a price-to-earnings ratio of 25.28, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17.

Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same quarter last year, the business posted $1.08 EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis. Analysts anticipate that Stanley Black & Decker will post 5.59 EPS for the current year.

Stanley Black & Decker Company Profile

(Get Free Report)

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.

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

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