Snap-on Raises Dividend 12.7%

Snap-on Incorporated (NYSE: SNA) announced today that its board of directors raised its quarterly common stock dividend to $2.75 per share, from the previous $2.44 per share, an increase of $0.31 or 12.7%. The increased dividend is payable on December 10, 2026, to shareholders of record at the close of business November 20, 2026. Snap-on has paid quarterly cash dividends, without interruption or reduction, since 1939.

“This 17th consecutive annual dividend increase confirms our commitment to create long-term value for our shareholders, reflecting our steadfast confidence in the company’s demonstrated and continuing advantages, and our unwavering belief in the abundant opportunities ahead,” said Nick Pinchuk, Snap-on chairman and chief executive officer. “Snap-on’s dividend remains an essential component of our approach to capital allocation and stands as a testament to the resilience of our enterprise. Our strong financial position and robust cash generation enable us to return capital to our shareholders with a consistently increasing cash dividend while supporting strategic investments, organically and through acquisitions, along our defined runways for both growth and improvement.”