NEW BRITAIN, Conn. , Oct. 17 /PRNewswire-FirstCall/ -- The Stanley Works (NYSE: SWK) announced today that its Board of Directors approved a regular fourth quarter cash dividend of
John F. Lundgren , Chairman and Chief Executive Officer, said: "Strong cash flows continue to validate the high quality of our earnings as well as the importance of a renewed focus on working capital management. This is the 455th consecutive quarter in which Stanley has paid a cash dividend. We are proud of our long dividend history and of extending that record particularly in today's difficult economic environment."
The Stanley Works, an S&P 500 company, is a diversified worldwide supplier of tools and engineered solutions for professional, industrial, construction and do-it-yourself use, and security solutions for commercial applications.
More information about The Stanley Works can be found at http://www.stanleyworks.com.