PR Newswire | Apr 23, 2021 04:29PM EDT

04/23 15:28 CDT

Stanley Black & Decker Announces 2nd Quarter Preferred Stock Dividend NEW BRITAIN, Conn., April 23, 2021

NEW BRITAIN, Conn., April 23, 2021 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a second quarter dividend of $12.50 per preferred share on its Series C Cumulative Perpetual Convertible Preferred Stock. The dividend payment date is May 17, 2021, to shareholders of record at the close of business on May 14, 2021 or, in each case, as otherwise determined in accordance with the terms of the Series C Convertible Perpetual Preferred Stock.

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

Stanley Black & Decker Investor Contacts

Dennis LangeVice President, Investor Relations(860) 827-3833dennis.lange@sbdinc.com

Cort KaufmanDirector, Investor Relations(860) 515-2741cort.kaufman@sbdinc.com

Christina FrancisDirector, Investor Relations(860) 438-3470christina.francis@sbdinc.com

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SOURCE Stanley Black & Decker