Snap-On (SNA) Raises Quarterly Dividend 13.9% to $1.23; 3% Yield

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Go back to Snap-On (SNA) Raises Quarterly Dividend 13.9% to $1.23; 3% Yield

Snap-on Raises Dividend 13.9%

November 6, 2020 6:45 AM EST

Quarterly Dividend Increases to $1.23 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 $1.23 per share payable December 10, 2020 to shareholders of record on November 20, 2020. This represents an increase of $0.15 per share, or 13.9%, over Snap-on's previous quarterly dividend of $1.08 per share.

Snap-ons dividend is an essential component of our approach to capital allocation. It clearly testifies to the resilience and strength of our business as evidenced by our payment of consecutive quarterly cash... More