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Prospera Financial Services Inc boosts stake in Snap-on, but ... - Best Stocks

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Prospera Financial Services Inc has significantly increased its holdings in Snap-on Incorporated, according to the company’s most recent disclosure with the Securities and Exchange Commission (SEC). The financial services firm purchased an additional 5,120 shares of Snap-on stock during Q4 2016, raising its holdings by a staggering 263.2% and bringing Prospera’s total stake in the tool manufacturer to 7,065 shares valued at $1.6m. Meanwhile, Snap-on recently announced a $1.62 quarterly dividend payment due to be made on June 9th, with an ex-dividend date of May 18th. The yield for this annualized dividend is set at 2.52%.

beststocks.com     May 10, 2023