Snap-On (SNA) announced that its board of directors has increased its quarterly common stock dividend to $2.14 per share, from the previous $1.86 per share, an increase of 28c or 15.1%. The increased dividend is payable on December 10 to shareholders of record at the close of business November 21. Snap-on has paid quarterly cash dividends, without interruption or reduction, since 1939.
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