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Stanley Black & Decker boosts dividend 13%

Stanley Black & Decker boosts dividend 13%
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Stanley Black & Decker Inc. announced a 13% dividend hike on Thursday, raising its quarterly cash dividend to 79 cents. The dividend is payable on September 21, 2021 to shareholders of record as of close of business on September 7, 2021. Stanley Black & Decker stock is up 13.2% for the year to date while the S&P 500 index has gained 16% for the period.