Snap-on Raises Dividend 14%

"This 16th consecutive annual dividend increase confirms our unwavering commitment to create long-term value for our shareholders and demonstrates our firm confidence in the significant potential of our future,†said Nick Pinchuk, Snap-on chairman and chief executive officer. "Snap-on's dividend is an essential component of our approach to capital allocation and testifies to the continuing resilience and strength of our operations, even during times of considerable uncertainty. Our solid financial position ...