Investors with income turn to Stanley Black & Decker (SWK) in dividend shares to buy less than $ 100
Stanley Black & Decker, Inc. (NYSE: SWK) is included among the 13 Best dividend actions High to buy less than $ 100.
Stanley Black & Decker, Inc. (NYSE: SWK) is a better known American manufacturer for its industrial tools, its domestic equipment and its safety solutions. The company undergoes a significant transformation, having already reached $ 1.7 billion in a planned cost reduction program of $ 2 billion. This effort allowed the raw margins to recover at 31.2%, an improvement of 1,200 base points compared to the lowest point. At the same time, the operating lever effect has improved and the inventory levels were slaughtered.
The tools and the outdoor division of Stanley Black & Decker, Inc. (NYSE: SWK) represent approximately 87% of total income, while its smallest fixing unit designed supports industries such as aerospace, automobile and larger industrial production.
Stanley Black & Decker, Inc. (NYSE: SWK) also has one of the strongest dividend track records in Wall Street. The company paid dividends without interruption for 148 years. On July 24, he announced an increase of 1.2% of his quarterly dividend to $ 0.83 per share, marking the 59th consecutive year of dividend growth. The action has a dividend yield of 4.18%, on September 18.
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