MSC Industrial Direct increases dividend by 4.7 percent in 2016 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
MSC Industrial Direct	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
MSC Industrial Direct	MSM	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

MSC Industrial Direct hikes dividend by 4.7%

Thursday 27 October 2016

MSC Industrial Direct (Supply) Co (MSM) will raise its quarterly dividend by 4.7 percent to $0.45 per share in 2016. The new dividend yield for MSC Industrial Supply is 2.5%.

The $0.45 dividend is payable on November 29, 2016 to shareholders of record at the close of business on November 15, 2016. The ex-dividend date is November 11, 2016.

MSC Industrial Direct Co., Inc. is a North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. The company serves customers throughout the United States, Canada and the United Kingdom. Its products include abrasives, fasteners, hand tools, power tools, plumbing tools, tapes and adhesives, HVAC equipment, lubricants and welding products. MSM initiated its quarterly dividend in 2003.

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