MSC Industrial (MSM) Raises Quarterly Dividend 8.6% to $0.63; 3.1% Yield
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MSC Declares 9% Increase In Regular Quarterly Dividend
October 18, 2018 4:15 PM EDTMELVILLE, N.Y. and DAVIDSON, N.C., Oct. 18, 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 $0.63 per share, representing a 9% increase from the previous regular quarterly dividend of $0.58 per share. The $0.63 dividend is payable on November 27, 2018 to shareholders of record at the close of business on November 13, 2018. The ex-dividend date is November 9, 2018.
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