5 Dividend Zombies and Kings With Longest Dividend Payouts

2. Stanley Black & Decker, Inc. (NYSE:SWK)

Consecutive Years of Dividend Payments: 146
Consecutive Years of Dividend Growth: 55

Stanley Black & Decker, Inc. (NYSE:SWK) is a Connecticut-based manufacturing company that specializes in industrial tools and household products. Barclays raised its price target on the stock to $110 in February and maintained an Overweight rating on the shares, appreciating the company’s free cash flow recovery in 2022.

On February 15, Stanley Black & Decker, Inc. (NYSE:SWK) declared a quarterly dividend of $0.80 per share, which fell in line with its previous dividend. The company is among the stocks with the longest dividend payout streaks, as it has paid dividends for 146 years consecutively. Moreover, the company has raised its dividends for 55 years in a row. The stock’s dividend yield on March 7 came in at 3.76%.

At the end of Q4 2022, 25 hedge funds in Insider Monkey’s database owned stakes in Stanley Black & Decker, Inc. (NYSE:SWK), compared with 26 a quarter earlier. These stakes have a consolidated value of roughly $494 million.