Stanley Black & Decker Raises Quarterly Dividend to $0.84

Stanley Black & Decker Inc. increased its quarterly dividend to $0.84 per share from $0.83, a 1.2% rise. Shares traded ex-dividend on September 8, 2026.

The higher distribution lifts the annualized dividend to $3.36 per share. Based on a share price of $93.81, the forward annual yield is 3.45%.

The company’s board approved the increase in July. Stanley Black & Decker did not identify a specific reason for the change in its announcement. The Connecticut-based industrial company produces power tools, hand tools, storage products, outdoor equipment and engineered fasteners under brands including DEWALT, CRAFTSMAN, STANLEY and BLACK+DECKER. Stanley Black & Decker’s dividend announcement

Operating backdrop

The increase follows a second quarter in which sales were in line with the prior year. Higher volume and favorable currency movements were offset by the divestiture of the Consolidated Aerospace Manufacturing business and a change in the company’s approach to certain outdoor products. Management also reported wider gross margins, aided by tariff refunds and productivity improvements. Stanley Black & Decker’s second-quarter results

Stanley Black & Decker used proceeds from the aerospace-business sale to reduce debt, while also repurchasing shares during the quarter. Those actions form part of a broader capital-allocation program alongside the dividend. The company’s investor materials identify brand investment, operational improvement and product innovation as its principal strategic priorities. Stanley Black & Decker investor overview

The latest increase extends Stanley Black & Decker’s record of consecutive annual dividend growth to 40 years. The size of the adjustment is modest, but it preserves the company’s established pattern of annual increases.

What it means for income investors

For shareholders, the immediate effect is a higher quarterly cash payment and an annualized income rate of $3.36 per share. The 3.45% forward yield reflects the stated $93.81 share price and can change as the stock price moves.

The dividend carries a safety score of 95 and an A safety grade. Those measures indicate a strong assessed ability to maintain the distribution, though they do not guarantee future payments. Future dividends remain subject to board approval and the company’s operating performance, cash generation and capital-allocation decisions.