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NEW BRITAIN, Conn. - Stanley Black & Decker (NYSE: SWK) has declared a quarterly cash dividend of $0.82 per common share, the company announced today. This action continues the company’s streak as the industrial firm with the longest record of consecutive annual and quarterly dividend payments on the New York Stock Exchange. The dividend will be distributed on June 17, 2025, to shareholders on record by June 3, 2025.
Stanley Black & Decker, established in 1843 and headquartered in the United States, is recognized for its position in the Tools and Outdoor market. With about 48,000 employees worldwide, the company operates manufacturing facilities across the globe and produces a variety of products. These include power tools, hand tools, storage solutions, digital jobsite tools, outdoor and lifestyle products, as well as engineered fastening systems. The company’s portfolio features prominent brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®.
The dividend announcement is part of the company’s ongoing commitment to provide returns to its shareholders. It reflects Stanley Black & Decker’s financial performance and its ability to generate cash flow to support dividend payments. This information is based on a press release statement from Stanley Black & Decker.
In other recent news, Stanley Black & Decker has received a positive outlook from Jefferies, which initiated coverage with a Buy rating and set a price target of $103.00. Jefferies analysts are optimistic about the company’s future, highlighting approximately 20% growth potential for its shares. This outlook is based on positive developments across Stanley Black & Decker’s brand portfolio and operational efficiencies. The analysts note momentum for the DEWALT brand and stabilization of the CRAFTSMAN brand, alongside expected gross margin improvements by 2025. Jefferies anticipates that the company’s transition from transformation to organic growth will likely result in a higher stock valuation in the second half of the year. The firm also forecasts potential upward revisions to the 2026 EPS as investor confidence grows in the management’s strategy for margin expansion. This confidence is supported by profit improvements expected from restructuring efforts initiated in 2022. Jefferies projects a positive trajectory for Stanley Black & Decker as it continues to execute its strategic initiatives aimed at enhancing profitability and achieving its financial goals.
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