Stanley Black & Decker declares quarterly cash dividend of $0.63 per common share

NEW BRITAIN, Conn., 2017-Jul-21 — /EPR Retail News/ — Stanley Black & Decker (NYSE: SWK) announced today ( July 19, 2017) that its Board of Directors approved a $0.05 increase of its quarterly cash dividend to $0.63 per common share. This marks the 50th consecutive annual dividend increase for the company. The dividend is payable on Tuesday, September 19, 2017 to shareholders of […]

Stanley Black & Decker to acquire Craftsman brand from Sears Holdings

Stanley Black & Decker to develop, manufacture and sell Craftsman-branded products in non-Sears Holdings channels Sears Holdings to continue sourcing and selling Craftsman-branded products in all its retail channels under perpetual license agreement Agreement consists of $525 million cash payment at closing, $250 million at end of year three, and annual payments to Sears Holdings […]