NEW BRITAIN, Conn., Oct. 25 /PRNewswire-FirstCall/ -- The Stanley Works
(NYSE: SWK) announced today that its Board of Directors approved a regular
fourth quarter cash dividend of $.29 per common share. The dividend is payable
on Tuesday, December 20, 2005 to shareowners of record on Friday, December 9,
2005.
John F. Lundgren, Chairman and Chief Executive Officer, said: "Our
consistent earnings growth and excellent cash flow enable us to continue our
long history of providing a strong dividend as an important element of total
shareowner return. This is the 443rd consecutive quarter in which Stanley has
paid a cash dividend, and we are truly proud of that record."
The Stanley Works, an S&P 500 company, is a worldwide supplier of consumer
products, industrial tools and security solutions for professional, industrial
and consumer use.
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
Company News On-Call:
http://www.prnewswire.com/comp/874363.html
CONTACT:
Gerry Gould, VP, Investor Relations,
+1-860-827-3833, ggould@stanleyworks.com
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