Snap-On (SNA) Raises Quarterly Dividend 14.1% to $1.62; 2.9% Yield

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Snap-on Raises Dividend 14.1%

November 4, 2022 8:06 AM EDT

Quarterly Dividend Increases to $1.62 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 $1.62 per share payable December 9, 2022, to shareholders of record on November 21, 2022. This represents an increase of $0.20 per share, or 14.1%, over Snap-on's previous quarterly dividend of $1.42 per share.

This thirteenth consecutive annual dividend increase confirms our commitment to create long-term value for our shareholders and demonstrates our firm belief that were well-positioned for the future, said Nick Pinchuk, Snapon... More