Stanley Black & Decker has raised its dividend for 58 consecutive years, putting it one increase away from Dividend King status. The latest hike took the quarterly payout to $0.84 per share, or $3.36 annually. In the second quarter of 2026, sales reached $4 billion, organic revenue increased 3%, gross margin rose to 33% from 27%, and the company generated $763 million in operating cash flow. Management raised its 2026 outlook to adjusted EPS of $5.20 to $5.80 and free cash flow of $600 million to $800 million. The company paid down $1.7 billion of debt during the quarter and spent $250 million on stock buybacks.
Stanley Black & Decker IncRaises dividend, boosts outlook, pays down debt, and buys back stock.
