MSC Industrial (MSM) Raises Quarterly Dividend 20.8% to $0.58; 2.4% Yield
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MSC Declares 21% Increase In Regular Quarterly Dividend
January 3, 2018 8:30 AM ESTMELVILLE, N.Y. and DAVIDSON, N.C., Jan. 3, 2018 /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 $0.58 per share, representing a 21% increase from the previous regular quarterly dividend of $0.48 per share. The $0.58 dividend is payable on January 30, 2018 to shareholders of record at the close of business on January 16, 2018. The ex-dividend date is January 12, 2018.Â
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