Black Box Corporation announces increase in share repurchase program and declares a 14% increase to its quarterly cash dividend
Black Box Corporation, a leading communications system integrator dedicated to designing, sourcing, implementing and maintaining today's complex communications solutions, announced today that its Board of Directors approved an increase of 1 million shares under the existing share repurchase program and declared a 14% increase to its quarterly cash dividend resulting in a payout of $0.08 per share of its Common Stock.
Stanley Black & Decker Inc. boosted its quarterly dividend payout 21%, a move that will cost the company an extra $12 million a quarter.