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Snap-on Incorporated Set to Pay Dividend, Ex-Dividend Date Approaches
ByAinvest
Friday, Aug 15, 2025 7:03 am ET1min read
Snap-on Incorporated is set to trade ex-dividend on August 19, with a dividend payment of $2.14 per share on September 10. The company has a trailing yield of 2.6% and pays out 43% of its earnings. The dividend is covered by both profit and cash flow, suggesting it is sustainable.
Snap-On Incorporated (NYSE: SNA) is set to trade ex-dividend on August 19, with a dividend payment of $2.14 per share scheduled for September 10. The company's dividend has a trailing yield of 2.6%, and it pays out 43% of its earnings, indicating a sustainable dividend [1].In recent earnings, Snap-On reported $4.72 EPS, surpassing analysts' estimates, and revenue was $1.18 billion, slightly above expectations. The company's dividend payout ratio is 45.65%, suggesting that the dividend is well-covered by earnings [1].
On August 11, Snap-On CEO Nicholas T. Pinchuk sold 23,042 shares at an average price of $320.88, resulting in a total transaction value of over $7.39 million. Following this sale, Pinchuk owned 815,219 shares, valued at approximately $261,587,472.72 [1]. This transaction represents a 2.75% decrease in his position.
Snap-On's stock has been the subject of various analyst ratings. Bank of America has upgraded its price objective to $285.00, while Robert W. Baird increased its price objective to $347.00. Barrington Research maintains an "outperform" rating with a price target of $350.00. Wall Street Zen has raised its rating to a "buy" [1].
Institutional ownership of Snap-On is high, with 84.88% of the stock held by institutions. Insiders have sold more stock than they have bought in the past three months, with a total of $13,556,417.00 sold [1].
Snap-On has a moderate buy rating among analysts, with a consensus price target of $356.17. The company's ESG score is 11.98%, with significant positive contributions in categories like "Taxes", "Jobs", and "Societal infrastructure" [2].
References:
[1] https://www.marketbeat.com/instant-alerts/snap-on-incorporated-nysesna-ceo-nicholas-t-pinchuk-sells-23042-shares-2025-08-11/
[2] https://www.marketbeat.com/stocks/NYSE/SNA/
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