Stanley Black & Decker Powering Up Its Dividend Yield To Over 3%

Stanley Black & Decker, Inc. (SWK) provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems primarily in the United States, Europe, Latin America, and Canada. July 18th the company increased its quarterly dividend 20% to $0.49 per share. This marks the 45th consecutive annual dividend increase for the company. The dividend is payable September 18, 2012 to shareholders of record as of the close of business on September 7, 2012. The yield based on the new payout is 3.1%.

The J. M. Smucker Company (SJM) engages in manufacturing and marketing branded food products primarily in the United States, Canada, and internationally. July 18th the company increased its quarterly dividend 8.3% to $0.52 per share. The dividend is payable September 4, 2012, to shareholders of record at the close of business on August 10, 2012. The yield based on the new payout is...

Source: Dividend Growth Stocks

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