Stanley Black & Decker Board Hikes Dividend

By Wallace Witkowski Markets MarketWatch Pulse

Stanley Black & Decker Inc. late Wednesday said its board raised the quarterly dividend by nearly 9%. The 5-cents-a-share hike makes for a dividend of 63 cents a share to be paid Sept. 19 to shareholders of record as of Sept. 1. Shares of Stanley Black & Decker were unchanged after hours.

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