MSC Industrial (MSM) Raises Quarterly Dividend 5.3% to $0.79; 4.2% Yield

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Go back to MSC Industrial (MSM) Raises Quarterly Dividend 5.3% to $0.79; 4.2% Yield

MSC INDUSTRIAL SUPPLY CO. DECLARES 5% INCREASE IN REGULAR QUARTERLY DIVIDEND

October 11, 2022 5:15 PM EDT

MELVILLE, N.Y. and DAVIDSON, N.C., Oct. 11, 2022 /PRNewswire/ -- 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 $0.79 per share, representing a 5% increase from the previous regular quarterly dividend of $0.75 per share. The $0.79 dividend is payable on November 29, 2022 to shareholders of record at the close of business on November 15, 2022. The ex-dividend date is November 14, 2022.

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