Stanley Black & Decker Announces Dividend Increase To $0.50 Per Share

  Stanley Black & Decker Announces Dividend Increase To $0.50 Per Share

Business Wire

NEW BRITAIN, Conn. -- July 24, 2013

Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors
approved a $0.01 increase of its quarterly cash dividend to $0.50 per common
share. This marks the 46th consecutive annual dividend increase for the
company. The dividend is payable on Tuesday, September 17, 2013 to
shareholders of record as of the close of business on Friday, September 6,
2013.

Stanley Black & Decker’s Chairman and CEO, John F. Lundgren, commented, “We
are committed to returning cash to our shareholders through continued dividend
growth. The dividend increase we announced today reflects our confidence in
our ability to generate free cash flow and maintains our compelling dividend
yield. This action, combined with our mission of building world-class branded
franchises with sustainable strategic characteristics, is core to our
shareholder value proposition.”

Stanley Black & Decker, an S&P 500 company, is a diversified global provider
of hand tools, power tools and related accessories, mechanical access
solutions and electronic security solutions, healthcare solutions, engineered
fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

Contact:

Stanley Black & Decker
Greg Waybright, 860-827-3833
Vice President, Investor & Government Relations
greg.waybright@sbdinc.com
 
Press spacebar to pause and continue. Press esc to stop.