KENOSHA, Wis. (Aug. 5, 2016) — Snap-on Inc.'s board of directors has declared a quarterly common stock dividend of 61 cents per share.
It is payable Sept. 9 to shareholders of record on Aug. 19. The Kenosha-based firm said it has paid consecutive quarterly cash dividends — without interruption or reduction — since 1939.
Snap-on makes and markets tools, equipment, diagnostics, repair information and systems solutions for professional users in the automotive, aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education industries. Its products and services are sold through the company's franchisee, company-direct, distributor and Internet channels.