MSC Industrial (MSM) Raises Quarterly Dividend 4.7% to $0.45; 2.6% Yield
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MSC Declares 4.7% Increase In Regular Quarterly Dividend
October 27, 2016 4:05 PM EDTMELVILLE, N.Y. and DAVIDSON, N.C., Oct. 27, 2016 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM),"MSC" or the "Company," a premier distributor of Metalworking and Maintenance, Repair and Operations ("MRO") supplies to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.45 per share, representing a 4.7% increase from $0.43 per share, in the regular quarterly dividend. The $0.45 dividend is payable on November 29, 2016 to shareholders of record at the close of business on November 15, 2016. The ex-dividend date is November 11,... More
