NEW BRITAIN, Conn., Oct. 20, 2016 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular fourth quarter cash dividend of $0.58 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, December 20, 2016 to shareholders of record as of the close of business on Friday, December 2, 2016.

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

Stanley Black & Decker, Inc.
Greg Waybright
Vice President, Investor & Government Relations
(860) 827-3833
greg.waybright@sbdinc.com

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SOURCE Stanley Black & Decker