Snap-On (SNA) Raises Quarterly Dividend 16.4% to $0.71; 1.9% Yield

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Go back to Snap-On (SNA) Raises Quarterly Dividend 16.4% to $0.71; 1.9% Yield

Snap-on Raises Dividend 16.4%

November 3, 2016 4:30 PM EDT

Quarterly Dividend Increases to $0.71 per Share

KENOSHA, Wis.--(BUSINESS WIRE)-- Snap-on Incorporated (NYSE: SNA) announced that its Board of Directors has declared a quarterly common stock dividend of $0.71 per share payable December 9, 2016 to shareholders of record on November 18, 2016. This represents an increase of $0.10 per share, or 16.4%, over Snap-on's previous quarterly dividend of $0.61 per share.

This seventh consecutive annual dividend increase reinforces our commitment to create long-term value for our shareholders and our belief that Snap-on is well-positioned for the future. At the same time, it underscores... More