KENOSHA, Wis. (Feb. 9, 2012) — Parts maker Snap-on Inc.'s board of directors has declared a quarterly common stock dividend of $0.34 per share, payable March 9 to shareholders of record on Feb. 24.
The Kenosha-based company said it has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
Founded in 1920, Snap-on is a $2.9 billion firm whose products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers.