Summary
Outstanding dividend history, now entered the Dividend King list.
Future growth by acquisitions in a competitive industry.
Price tag might be to expensive for an under 2% yielder.
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Stanley Black & Decker (SWK) has been around for a long time. So long, in fact, that the company has been distributing dividends for over 140 years. It has recently obtained the holy title of Dividend King, increasing its dividend for more than 50 consecutive years. Consumer’s confidence in products manufactured by Stanley Black & Decker keeps growing, providing a stable long run growth. SWK is a robust player in its industry, which enabled the company to recently acquire IES Attachments business for its fastening division. While the company is healthy and its financials looking solid, there is always room for improvement.
Understanding the Business
Source: Stanley Black & Decker’s 2017 Annual report
