MSC Industrial (MSM) Raises Quarterly Dividend 6.7% to $0.48; 2.5% Yield
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MSC Declares 6.7% Increase In Regular Quarterly Dividend
October 24, 2017 5:26 PM EDTMELVILLE, N.Y. and DAVIDSON, N.C., Oct. 24, 2017 /PRNewswire/ --Â MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.48 per share, representing a 6.7% increase from $0.45 per share, in the regular quarterly dividend. The $0.48 dividend is payable on November 28, 2017 to shareholders of record at the close of business on November 14, 2017. The ex-dividend date is November 13, 2017.
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