Snap-on Incorporated Franchise Declares Quarterly Dividend

KENOSHA, Wis. (BUSINESS WIRE) -- The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.30 per share payable June 10, 2010 to shareholders of record on May 20, 2010. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.

About Snap-on

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as customers in industry, government, agriculture, aviation and natural resources. Products and services are sold through the company's franchisee, company-direct, distributor and Internet channels. Founded in 1920, Snap-on is a $2.4 billion, S&P 500 company headquartered in Kenosha, Wisconsin.

SOURCE: Snap-on Incorporated

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