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Systemax (SYX) will start paying a regular quarterly dividend of $0.05 per share. Previously the company had only paid special dividend(s) in 2016, 2012, 2009, 2008 and 2007.

The first dividend payment will be made on March 20, 2017, to shareholders of record at the close of business on May 10, 2017.

Systemax Inc. is a direct marketer of brand name and private label products. The company sells maintenance, repair and operational products in North America and offers a selection of products that are manufactured for its own design and marketed under the trademarks: Global, GlobalIndustrial.com, Nexel Relius, Paramount and Interion. Its Consumer Electronics products include television and video; audio; cameras and surveillance; Global Positioning System (GPS); cell phones; video games, and home and electronics accessories.