Top 5 Dividend Kings of 2021 (Part I)

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

Dividend Yield: 1.59%

Stanley Black & Decker makes power tools, industrial and household products. The company ranks 220 on the Fortune 500 list.  In July 2020, Stanley Black & Decker increased its dividend for the 53rd consecutive year. In the fourth quarter, the company’s revenue jumped by almost 19% to $4.4 billion.

A total of 38 hedge funds tracked by Insider Monkey ended the third quarter with Stanley Black shares in their portfolios, up by 5 funds a quarter earlier.