. on october 3 , 2005 , snap-on repaid its $ 100 million , 10-year , 6.625% ( 6.625 % ) unsecured notes upon their maturity . the $ 100 million debt repayment was made with available cash on hand . snap-on has paid consecutive quarterly cash dividends , without interruption or reduction , since 1939 . cash dividends paid in 2007 , 2006 and 2005 totaled $ 64.8 million , $ 63.6 million and $ 57.8 million , respectively