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Snap-On Incorporated Declares Quarterly Dividend of $2.44 (NYSE:SNA)
Snap-On Incorporated (NYSE:SNA) has declared a quarterly dividend of $2.44 per share, payable on March 10th to shareholders of record on February 24th, representing an annual yield of 2.6%. The company has consistently raised its dividend for the past 15 years, maintaining a healthy payout ratio, and analysts anticipate strong future earnings to support this. Despite recent insider selling, institutions hold a significant portion of the stock, indicating confidence in the company’s performance.