Snap-On (SNA) Raises Quarterly Dividend 15.9% to $0.95; 2.4% Yield

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Go back to Snap-On (SNA) Raises Quarterly Dividend 15.9% to $0.95; 2.4% Yield

Snap-on Raises Dividend 15.9%

November 8, 2018 4:45 PM EST

Quarterly Dividend Increases to $0.95 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 $0.95 per share payable December 10, 2018 to shareholders of record on November 20, 2018. This represents an increase of $0.13 per share, or 15.9%, over Snap-on's previous quarterly dividend of $0.82 per share.

This ninth consecutive annual dividend increase reflects our strong financial position and cash generation which enables us to both return capital to our shareholders and continue to strategically invest along our defined runways... More