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Snap-on (SNA) Dividend Yield, Date & History

Snap-on logo
$343.65 +5.98 (+1.77%)
(As of 12/20/2024 05:16 PM ET)

Snap-on Dividend Summary

Dividend Yield
2.49%
Annual Dividend
$8.56
Recent
Dividend Payment
Dec. 10
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
14.56%
Dividend Payout Ratio
44.06%

Snap-on (SNA) pays an annual dividend of $8.56 per share, with a dividend yield of 2.49%. The next quarterly payment of $2.14 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Thursday, November 21. SNA has grown its dividend for 15 consecutive years, with an average annual increase of 4.64%. The company currently pays out 44.06% of its earnings and 42.05% of its cash flow as dividends.

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SNA Dividend Payments by Quarter

The chart below displays up to four years of Snap-on's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SNA Dividend Yield Over Time

The chart below tracks Snap-on's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Snap-on vs. The Competition

Compare Snap-on's annual dividend, yield, and 3-year growth rate with averages for Discretionary and NYSE companies to evaluate its performance against the market.

TypeSnap-onDiscretionary CompaniesNYSE Companies
Annual Dividend$8.56$0.01$1.39
Dividend Yield2.49%2.80%3.58%
Annualized 3-Year Dividend Growth14.56%23.28%15.78%
Track Record15 years16 years24 years

Snap-on Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings44.06%
Based on This Year's Estimate44.93%
Based on Next Year's Estimate42.76%
Based on Cashflow42.05%

Snap-on Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/8/2024quarterly$2.14+$0.28
15.05%
2.41%11/21/202411/21/202412/10/2024
8/8/2024quarterly$1.86 - 2.72%8/19/20248/19/20249/10/2024
4/25/2024quarterly$1.86 - 2.75%5/17/20245/20/20246/10/2024
2/15/2024quarterly$1.86 - 2.77%2/23/20242/26/20243/11/2024
11/2/2023quarterly$1.86+$0.24
14.81%
2.82%11/20/202311/21/202312/11/2023
8/3/2023quarterly$1.62 - 2.37%8/17/20238/18/20239/11/2023
4/27/2023quarterly$1.62 - 2.5%5/18/20235/19/20236/9/2023
2/9/2023quarterly$1.62 - 2.6%2/22/20232/23/20233/10/2023

This table shows Snap-on's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Snap-on Dividend - Frequently Asked Questions

The current dividend yield for Snap-on is 2.49%. Learn more on SNA's dividend yield history.

The annual dividend for SNA shares is $8.56. Learn more on SNA's annual dividend history.

Snap-on pays quarterly dividends to shareholders.

Snap-on's most recent quarterly dividend payment of $2.14 per share was made to shareholders on Tuesday, December 10, 2024.

Snap-on's most recent ex-dividend date was Thursday, November 21, 2024.

Over the past three years, the company's dividend has grown by an average of 14.56% per year.

Snap-on has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.28 on Friday, November 8, 2024.

The dividend payout ratio for SNA is:
  • 44.06% based on the trailing year of earnings
  • 44.93% based on this year's estimates
  • 42.76% based on next year's estimates
  • 42.05% based on cash flow

Snap-on's dividend yield of 2.45% is lower than the average Consumer Discretionary company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Snap-on's dividend payout ratio of 44.06% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Snap-on stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:SNA) was last updated on 12/21/2024 by MarketBeat.com Staff
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