MSC Industrial (MSM) Declares $5.00 Special Dividend; 6.7% Yield

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MSC Declares Special Dividend Of $5.00 Per Share And Regular Quarterly Dividend Of $0.75 Per Share

December 17, 2019 3:31 PM EST

MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 17, 2019 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), "MSC" or the "Company," 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 special cash dividend of $5.00 per share. The special cash dividend is payable on February 5, 2020 to shareholders of record at the close of business on January 22, 2020. The ex-dividend date is January 21, 2020. The Company will... More

MSC Declares Special Dividend Of $5.00 Per Share And Regular Quarterly Dividend Of $0.75 Per Share

December 17, 2019 3:31 PM EST

MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 17, 2019 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), "MSC" or the "Company," 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 special cash dividend of $5.00 per share. The special cash dividend is payable on February 5, 2020 to shareholders of record at the close of business on January 22, 2020. The ex-dividend date is January 21, 2020. The Company will... More