NEW BRITAIN, Conn., April 26 /PRNewswire-FirstCall/ -- The Stanley
Works (NYSE: SWK) announced today that its Board of Directors approved a
regular second quarter cash dividend of $.29 per common share. The dividend
is payable on Tuesday, June 27, 2006 to shareowners of record on Wednesday,
June 7, 2006.
John F. Lundgren, Chairman and Chief Executive Officer, said: "We
recognize the importance of providing a strong cash dividend as an
important element of total shareowner return. Continuing our long dividend
history, this is the 445th consecutive quarter in which Stanley has paid a
cash dividend. We are truly proud of that record."
The Stanley Works, an S&P 500 company, is a worldwide supplier of
tools, hardware and security solutions for professional, industrial and
consumer use.
Contact: Gerry Gould
VP, Investor Relations
(860) 827-3833
ggould@stanleyworks.com
The Stanley Works corporate press releases are available in the
Investor Relations section of the company's Internet web site at
http://www.stanleyworks.com.
SOURCE The Stanley Works
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Related links: http://www.StanleyWorks.com/
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CONTACT: Gerry Gould, VP, Investor Relations of The Stanley Works, +1-860-827-3833, or ggould@stanleyworks.com
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