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Snap-on Declares Quarterly Dividend

23 October 1998

Snap-on Declares Quarterly Dividend

    KENOSHA, Wis.--Oct. 23, 1998--The Snap-on Incorporated board of directors declared today a fourth quarter dividend of 22 cents per share, payable December 10, 1998, to shareholders of record on November 19, 1998. The corporation has paid consecutive quarterly cash dividends since 1939.
    Snap-on Incorporated is a $1.7 billion leading global developer, manufacturer, and distributor of tool and equipment solutions for professional technicians, motor service shop owners, specialty repair centers, original equipment manufacturers, and industrial tool users worldwide. Product lines include hand and power tools, diagnostics and shop equipment, tool storage products, diagnostics software, and other solutions for the automotive service industry.