UPDATE: Grainger (GWW) Raises Quarterly Dividend 5.9% to $1.44, 2% Yield; Authorizes Up to 5M Share Buyback

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Grainger Increases Quarterly Dividend By 6 Percent And Authorizes Repurchase Of Additional 5 Million Shares

April 24, 2019 11:35 AM EDT

CHICAGO, April 24, 2019 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) announced today that its board of directors approved a quarterly cash dividend of $1.44 per share, an increase of 6 percent from the dividend paid in March 2019. The dividend is payable on June 1, 2019, to shareholders of record on May 13,... More