MSC Industrial Direct increases dividend by 6.7 percent in 2017 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 6.7%

Tuesday 24 October 2017

MSC Industrial Direct Co (MSM) will raise its quarterly dividend by 6.7 percent to $0.48 per share in 2017. This follows a 4.7 percent dividend hike last year by the metalworking distributor.

The new dividend will be paid on November 28, 2017 to shareholders of record on November 14, 2017. MSM has now raised its dividend for fourteen consecutive years.

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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