Stanley Black & Decker Just Made a Really Smart Decision

In early February, Stanley Black & Decker (NYSE: SWK) reported its fourth-quarter and full-year earnings, and updated investors about its capital allocation strategy and cost-cutting plans. Investors are looking for answers, given the stock's historic collapse from the all-time high it reached in 2021 to the 8-year low it touched in late 2022.

Here's what's going on with the industrial tools maker, the status of its dividend, and what to look for in 2023.

Image source: Getty Images.

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Source Fool.com