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Systemax (SYX) will double its quarterly dividend to $0.10 per share. The next dividend payment will be made on May 22, 2017, to shareholders of record at the close of business on May 15, 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.