Income Investors Turn to Stanley Black & Decker (SWK) in Dividend Stocks to Buy Under $100

Stanley Black & Decker, Inc. (NYSE:SWK) is included among the 13 Best High Dividend Stocks to Buy Under $100.

Stanley Black & Decker, Inc. (NYSE:SWK) is an American manufacturer best known for its industrial tools, home hardware, and security solutions. The company is undergoing a meaningful transformation, having already achieved $1.7 billion of a planned $2 billion cost-cutting program. This effort has helped gross margins recover to 31.2%, an improvement of 1,200 basis points from the lowest point. At the same time, operating leverage has improved, and inventory levels have been brought down.

Stanley Black & Decker, Inc. (NYSE:SWK)’s Tools & Outdoor division makes up about 87% of total revenue, while its smaller Engineered Fastening unit supports industries such as aerospace, automotive, and broader industrial production.

Stanley Black & Decker, Inc. (NYSE:SWK) also has one of the strongest dividend track records on Wall Street. The company has paid dividends without interruption for 148 years. On July 24, it announced a 1.2% increase in its quarterly dividend to $0.83 per share, marking the 59th consecutive year of dividend growth. The stock has a dividend yield of 4.18%, as of September 18.

While we acknowledge the potential of SWK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.