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SNA Snap-on dividend history, payout ratio & dates

  1. Stocks
  2. Industrials
  3. NYSE: SNA
  4. Dividend

Snap-on's most recent quarterly dividend was on Feb 23, 2024 (ex-date) with a cash dividend payment of $1.86 per share. On an annualized basis, the company has a current payout of $6.96 per share. This brings the dividend yield to 2.54% based on its recent close price.

Key dates

  • SNA last dividend date: Feb 23, 2024
  • SNA next dividend date: Not announced
Peer dividends: SWK NWL DHR LECO ALG TTC
SNA dividend stats
DPS
$6.96
Dividend yield
2.54%
Payout ratio
35.9%
vs. Industrials sector
Dividend yield
1.41%
Payout ratio
30.4%

Dividend yield

What is Snap-on current dividend yield

Snap-on's dividend yield of 2.54% is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.41%, Snap-on's dividend yield is 80% higher. The current dividend yield is in line with the historical average of 2.5% of the last 5 years.

Dividend history

What is SNA dividend payout history and dates

Snap-on has been paying dividends since 1992. SNA has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 14% for the last year. And since the stock price has gone up by 6% from a year ago, the dividend yield has increased by 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 23, 2024 Mar 11, 2024 Feb 15, 2024 $1.86 normal
Nov 20, 2023 Dec 11, 2023 Nov 2, 2023 $1.86 normal
Aug 17, 2023 Sep 11, 2023 Aug 3, 2023 $1.62 normal
May 18, 2023 Jun 9, 2023 Apr 27, 2023 $1.62 normal
Feb 22, 2023 Mar 10, 2023 Feb 9, 2023 $1.62 normal
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 dividend payout ratio

What is Snap-on dividend payout ratio compared to the sector

Payout ratio

Snap-on's payout ratio of 35.9% is above the Industrials sector and its peers average but below the industry average. Compared to its Industrials sector average of 30.4%, Snap-on's payout ratio is 18% higher.

Total amount of dividends paid per financial year (from cash flow)

SNA dividend vs peer dividends

How does SNA dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NWL Newell Brands Inc 3.98% $0.28 N/A
SWK Stanley Black & Decker Inc 3.58% $3.23 N/A
SNA Snap-on Inc 2.54% $6.96 35.9%
TTC Toro Co 1.61% $1.4 50.7%
LECO Lincoln Electric Holdings Inc 1.14% $2.7 28.4%
ALG Alamo Group Inc 0.47% $0.96 8.4%
DHR Danaher Corp 0.42% $1.05 17.6%

Frequently asked questions

Does Snap-on pay a dividend?

Yes, Snap-on has been paying dividends for the last 33 years.

When is Snap-on's next dividend?

Currently SNA's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was SNA's last dividend?

Snap-on's last dividend ex-date was on Feb 23, 2024. The dividend amount was $1.86 per share.

How much dividend does Snap-on pay (per share)?

SNA has paid dividend of $6.96 per share in the last year.

What is Snap-on's dividend yield?

Currently Snap-on's dividend yield is 2.54%.

How often does Snap-on pay dividends?

Snap-on pays four dividends per year.

What is Snap-on's dividend payout ratio?

Snap-on's dividend payout ratio is 35.9%.

Does Snap-on pay a good dividend?

Snap-on's dividend yield is more than the Industrials sector average.