Stanley Black & Decker (SWK) Boosts Qtr. Dividend by 21% to 41c/Share

Stanley Black & Decker (NYSE: SWK) announces a 21% increase in its quarterly dividend to 41c/share.

The dividend is payable on March 22 to shareholders of record on March 2. The ex-dividend date is Feb. 28.

The dividend yield moves from 1.85% to 2.23%.

Disclosure I am Long SWK shares.