Stanley Black & Decker Inc Declares Quarterly Dividend of $1.31 (NYSE:SWT)

Stanley Black & Decker Inc (NYSE:SWT) announced a quarterly dividend on Friday, January 14th, Wall Street Journal reports. Investors of record on Monday, February 14th will be paid a dividend of 1.3125 per share on Tuesday, February 15th. This represents a $5.25 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend is Friday, February 11th.

Shares of SWT stock traded down $2.09 during trading on Friday, hitting $110.63. The company had a trading volume of 8,346 shares, compared to its average volume of 37,345. The stock’s 50-day simple moving average is $108.70. Stanley Black & Decker has a one year low of $102.50 and a one year high of $131.98.

Separately, TheStreet downgraded shares of Stanley Black & Decker from a “b-” rating to a “c” rating in a research report on Wednesday, December 22nd.

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