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STANLEY WORKS ANNOUNCES FOURTH QUARTER DIVIDEND

 NEW BRITAIN, Conn., Nov. 17 /PRNewswire/ -- The Board of Directors of The Stanley Works (NYSE: SWK) today declared a fourth quarter regular dividend of $.34 per share on the common stock. The dividend is payable Dec. 31, 1993 to shareholders of record at the close of business Dec. 3, 1993.
 Dividends declared for 1993 total $1.34 per share, an increase of 5 percent over 1992 and the 26th year in which dividends increased over the previous year. The company has paid consecutive annual dividends to shareholders for 117 years. Stanley's record of continuous annual dividend payments since 1977 is the longest of all industrial companies on the New York Stock Exchange.
 The Stanley Works is a worldwide producer of tools, hardware and specialty hardware for home improvement, consumer, industrial and professional use.
 -0- 11/17/93
 /CONTACT: Patricia McLean, manager - corporate communications of Stanley Works, 203-827-3833/
 (SWK)


CO: Stanley Works ST: Connecticut IN: HOU SU: DIV

MP -- NY059 -- 5480 11/17/93 12:10 EST
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Publication:PR Newswire
Date:Nov 17, 1993
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