KENOSHA, Wis. (Feb. 23, 2015) — Tool maker Snap-on Inc.'s board of directors declared a quarterly common stock dividend of $0.53 per share.
The dividend is payable March 10 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's 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, as well as for customers in industries, including aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education.