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KENOSHA, Wis. - Snap-on Incorporated (NYSE:SNA) announced Thursday a quarterly common stock dividend of $2.14 per share, payable September 10, 2025, to shareholders of record as of August 19, 2025. The company currently offers a dividend yield of 2.65% and has demonstrated strong dividend growth with a 15% increase over the last twelve months.
The tool manufacturer has maintained an unbroken streak of quarterly cash dividend payments without interruption or reduction since 1939, spanning more than eight decades. According to InvestingPro data, the company maintains impressive gross profit margins of 52% and holds a robust financial health score.
Snap-on, headquartered in Kenosha, Wisconsin, manufactures and markets tools, equipment, diagnostics, and systems solutions for professional users in sectors including vehicle repair, aerospace, military, natural resources, and manufacturing.
The company distributes its products through franchisee vans, direct channels, and distributors, while also providing financing programs to support sales and franchise operations.
Founded in 1920, Snap-on is a component of the S&P 500 index and reported sales of $4.7 billion in 2024, according to the company’s press release statement.
In other recent news, Snap-On Inc. reported its second-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $4.72, which was higher than the forecasted $4.63. Additionally, Snap-On’s revenue exceeded projections, reaching $1.18 billion compared to the anticipated $1.16 billion. These results reflect the company’s strong financial performance during this period. The positive earnings and revenue figures are significant for investors and suggest a robust outlook for the company. Analysts had projected these figures, and Snap-On’s ability to surpass them highlights its operational efficiency. No recent analyst upgrades or downgrades for Snap-On were reported. These developments are crucial for stakeholders assessing the company’s financial health.
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