KENOSHA, Wis. (April 30, 2013) — Snap-on Inc.'s board of directors has declared a quarterly common stock dividend.
The dividend of $0.38 per share is payable June 10 to shareholders of record on May 20, according to the Kenosha-based tool maker. The company said it has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
Snap-on manufactures and markets tools, equipment, diagnostics, repair information and systems solutions for professional users. Its products include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries that include aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education.