Snap-on's most recent quarterly dividend was on Nov 18, 2022 (ex-date) with a cash dividend payment of $1.62 per share. On an annualized basis, the company has a current payout of $5.88 per share. This brings the dividend yield to 2.26% based on its recent close price. The latest dividend has increased by $0.2, or 14% from the previous payment.
Snap-on's dividend yield of 2.26% is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.39%, Snap-on's dividend yield is 63% higher. The current dividend yield is less than the historical average of 2.4% of the last 5 years.
Snap-on has been paying dividends since 1994. SNA has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 15% for the last year. But since the stock price has gone up by 22% from a year ago, the dividend yield has decreased by 5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 18, 2022 | Dec 9, 2022 | Nov 4, 2022 | $1.62 | normal |
| Aug 18, 2022 | Sep 9, 2022 | Aug 4, 2022 | $1.42 | normal |
| May 19, 2022 | Jun 10, 2022 | Apr 28, 2022 | $1.42 | normal |
| Feb 22, 2022 | Mar 10, 2022 | Feb 10, 2022 | $1.42 | normal |
| Nov 18, 2021 | Dec 10, 2021 | Nov 4, 2021 | $1.42 | normal |
| Aug 19, 2021 | Sep 10, 2021 | Aug 5, 2021 | $1.23 | normal |
| May 20, 2021 | Jun 10, 2021 | Apr 29, 2021 | $1.23 | normal |
| Feb 22, 2021 | Mar 10, 2021 | Feb 11, 2021 | $1.23 | normal |
| Nov 19, 2020 | Dec 10, 2020 | Nov 6, 2020 | $1.23 | normal |
| Aug 19, 2020 | Sep 10, 2020 | Aug 6, 2020 | $1.08 | normal |
| May 20, 2020 | Jun 10, 2020 | Apr 23, 2020 | $1.08 | normal |
| Feb 21, 2020 | Mar 10, 2020 | Feb 13, 2020 | $1.08 | normal |
| Nov 19, 2019 | Dec 10, 2019 | Nov 8, 2019 | $1.08 | normal |
| Aug 19, 2019 | Sep 10, 2019 | Aug 8, 2019 | $0.95 | normal |
| May 20, 2019 | Jun 10, 2019 | Apr 25, 2019 | $0.95 | normal |
| Feb 22, 2019 | Mar 11, 2019 | Feb 14, 2019 | $0.95 | normal |
| Nov 19, 2018 | Dec 10, 2018 | Nov 8, 2018 | $0.95 | normal |
| Aug 16, 2018 | Sep 10, 2018 | Aug 2, 2018 | $0.82 | normal |
| May 18, 2018 | Jun 8, 2018 | Apr 26, 2018 | $0.82 | normal |
| Mar 1, 2018 | Mar 16, 2018 | Feb 15, 2018 | $0.82 | normal |
| Nov 16, 2017 | Dec 8, 2017 | Nov 6, 2017 | $0.82 | normal |
| Aug 16, 2017 | Sep 8, 2017 | Aug 3, 2017 | $0.71 | normal |
| May 17, 2017 | Jun 9, 2017 | Apr 27, 2017 | $0.71 | normal |
| Feb 22, 2017 | Mar 10, 2017 | Feb 9, 2017 | $0.71 | normal |
| Nov 16, 2016 | Dec 9, 2016 | Nov 3, 2016 | $0.71 | normal |
| Aug 17, 2016 | Sep 9, 2016 | Aug 4, 2016 | $0.61 | normal |
| May 18, 2016 | Jun 10, 2016 | Apr 28, 2016 | $0.61 | normal |
| Feb 23, 2016 | Mar 10, 2016 | Feb 11, 2016 | $0.61 | normal |
| Nov 20, 2015 | Dec 10, 2015 | $0.61 | normal | |
| Aug 21, 2015 | Sep 10, 2015 | Aug 6, 2015 | $0.53 | normal |
Snap-on's payout ratio of 35% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 27.3%, Snap-on's payout ratio is 28% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWL Newell Brands Inc | 5.71% | $0.92 | 69.2% |
| SWK Stanley Black & Decker Inc | 3.39% | $3.18 | 33% |
| SNA Snap-on Inc | 2.26% | $5.88 | 35% |
| LECO Lincoln Electric Holdings Inc | 1.33% | $2.32 | 30.9% |
| TTC Toro Co | 1.09% | $1.24 | 29.3% |
| ALG Alamo Group Inc | 0.47% | $0.76 | 9.8% |
| DHR Danaher Corp | 0.37% | $1 | 10.9% |
Yes, Snap-on has been paying dividends for the last 28 years.
Currently SNA's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.
Snap-on's last dividend ex-date was on Nov 18, 2022. The dividend amount was $1.62 per share.
SNA has paid dividend of $5.88 per share in the last year.
Currently Snap-on's dividend yield is 2.26%.
Snap-on pays four dividends per year.
Snap-on's dividend payout ratio is 35%.
Snap-on's dividend yield is more than the Industrials sector average.