Commitment to Shareholders amid Decreased Earnings: Stanley Black & Decker Ensures Steady Distribution

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Today, September 19, 2023, marks an important moment for investors of Stanley Black & Decker SWK. The company will distribute a dividend payout of $0.81 per share, demonstrating an annualized dividend yield of 3.34%. Remember, only shareholders prior to the ex-dividend date on September 01, 2023 are eligible for this payout.

Stanley Black & Decker Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-09-01 4 $0.81 3.34% 2023-07-27 2023-09-05 2023-09-19
2023-06-02 4 $0.8 4.01% 2023-04-21 2023-06-05 2023-06-20
2023-03-06 4 $0.8 3.59% 2023-02-15 2023-03-07 2023-03-21
2022-11-30 4 $0.8 4.32% 2022-10-20 2022-12-01 2022-12-20
2022-09-02 4 $0.8 2.84% 2022-07-20 2022-09-06 2022-09-20
2022-06-06 4 $0.79 2.19% 2022-04-22 2022-06-07 2022-06-21
2022-03-07 4 $0.79 1.91% 2022-02-16 2022-03-08 2022-03-22
2021-11-30 4 $0.79 1.71% 2021-10-20 2021-12-01 2021-12-21
2021-09-03 4 $0.79 1.55% 2021-07-21 2021-09-07 2021-09-21
2021-06-07 4 $0.7 1.35% 2021-04-23 2021-06-08 2021-06-22
2021-03-08 4 $0.7 1.64% 2021-02-18 2021-03-09 2021-03-23
2020-11-30 4 $0.7 1.57% 2020-10-13 2020-12-01 2020-12-15

When it comes to dividend yield, Stanley Black & Decker stands tall above its industry peers, boasting a remarkable annualized dividend yield of 2.49%.

Analyzing Stanley Black & Decker Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $2.70 in 2019 to $3.18 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For Stanley Black & Decker

The earnings chart above reveals a decrease in Stanley Black & Decker's earnings per share, declining from $8.32 in 2019 to $6.77 in 2022. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.

Recap

In this article, we explore the recent dividend payout of Stanley Black & Decker and its significance for shareholders. The company has decided to distribute a dividend of $0.81 per share today, which equates to an annualized dividend yield of 3.34%.

When it comes to dividend yield, Stanley Black & Decker stands tall above its industry peers, boasting a remarkable annualized dividend yield of 2.49%.

With dividend per share increasing and earnings per share decreasing from 2019 to 2022, Stanley Black & Decker seems to be emphasizing the distribution of profits to investors despite the decline in profitability.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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