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

Stanley Black & Decker, Inc. (NYSE:SWK) declared a quarterly dividend on Friday, April 24th. Stockholders of record on Monday, June 8th will be given a dividend of 0.83 per share by the industrial products company on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend 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 raised its dividend every year for the last 58 years. Stanley Black & Decker has a dividend payout ratio of 58.8% meaning its dividend is sufficiently covered by earnings. Research 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 Stock Performance

Stanley Black & Decker stock opened at $78.48 on Friday. The firm’s 50 day simple moving average is $75.09 and its 200-day simple moving average is $76.86. The company has a market cap of $12.20 billion, a P/E ratio of 32.16, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $93.37.

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

Hedge Funds Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Research Global Investors increased its position in Stanley Black & Decker by 0.9% during the third quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock worth $949,050,000 after acquiring an additional 116,302 shares during the period. Douglas Lane & Associates LLC increased its position in Stanley Black & Decker by 47.4% during the fourth quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock worth $7,937,000 after acquiring an additional 34,365 shares during the period. Polianta Ltd bought a new position in Stanley Black & Decker during the fourth quarter worth $1,611,000. Neo Ivy Capital Management increased its position in Stanley Black & Decker by 314.0% during the third quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock worth $1,300,000 after acquiring an additional 13,264 shares during the period. Finally, Ameritas Investment Partners Inc. increased its position in Stanley Black & Decker by 1,077.4% during the third quarter. Ameritas Investment Partners Inc. now owns 17,190 shares of the industrial products company’s stock worth $1,278,000 after acquiring an additional 15,730 shares during the period. 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.