Snap-On (SNA) Raises Quarterly Dividend 14.8% to $1.86; 2.8% Yield

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Snap-on Raises Dividend 14.8%

November 2, 2023 4:30 PM EDT

Quarterly Dividend Increases to $1.86 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 $1.86 per share payable December 11, 2023, to shareholders of record at the close of business on November 21, 2023. This represents an increase of $0.24 per share, or 14.8%, over Snap-on's previous quarterly dividend of $1.62 per share.

For 84 years, since 1939, Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction. Snap-ons dividend is an essential component of our approach to capital... More