NEW BRITAIN, Conn., Feb. 17/PRNewswire-FirstCall/ --The Stanley Works (NYSE: SWK) announced today that its Board of Directors approved a regular first quarter cash dividend of $0.32 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, March 24, 2009 to shareowners of record on Wednesday, March 4, 2009.
The Stanley Works, an S&P 500 company, is a diversified worldwide supplier of security solutions for commercial applications as well as tools and engineered solutions for professional, industrial, construction and do-it-yourself use.