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PSX - Phillips 66 hikes dividend by 9.5% AOS - A.O. Smith hikes dividend by 6.7% to $0.32 quarterly per share LMT - Lockheed Martin hikes dividend by 5% to $3.15 quarterly per share MCD - McDonald's hikes dividend by 9.9% to $1.67 quarterly per share AFG - American Financial Group hikes dividend by 12.7% to $0.71 quarterly HON - Honeywell hikes dividend by 4.9% to $1.08 quarterly per share HWM - Howmet Aerospace hikes dividend by 25% to $0.05 quarterly per share CNP - Centerpoint Energy hikes dividend by 5.3% to $0.20 quarterly per share FE - FirstEnergy Corp hikes dividend by 5.1% to $0.41 quarterly per share TXN - Texas Instruments hikes dividend by 4.8% to $1.30 quarterly per share SBUX - Starbucks hikes dividend by 7.5% to $0.57 quarterly per share MSFT - Microsoft hikes dividend by 10.3% to $0.75 quarterly per share KDP - Keurig Dr Pepper hikes dividend by 7.5% to $0.215 quarterly per share O - Realty Income hikes monthly dividend by 0.2% to $0.256 per share EG - Everest Group hikes dividend by 6.1% to $1.75 quarterly per share

Dividend Hike

MSC Industrial Direct ticker dps (an.) 2024 hike 2023 hike 2022 hike
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Business yield Hike yrs 5 yr CAGR freq. paid since
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MSC Industrial Direct hikes dividend by 19%

MSC Industrial Direct Co (MSM) will raise its quarterly dividend by 19.0 percent to $0.75 per share in 2019. Last year the metalworking products company hiked its dividend two times by a total of 31.3 percent.

The next dividend is payable on August 6, 2019, to shareholders of record on the close of business on July 23, 2019. The ex-dividend date is July 22, 2019.

Rustom Jilla, executive vice president and chief financial officer, stated, "As you saw this morning, the Board of Directors increased our quarterly dividend, reflecting confidence in our balance sheet and free cash flow, and a higher hurdle rate on acquisitions going forward."

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, from individual machine shops, to Fortune 100 manufacturing companies, to government agencies such as the General Services Administration and the Department of Defense. MSM initiated its quarterly dividend in 2003.

MSC Industrial Direct

2022 MSC Industrial Direct hikes dividend by 5.3%
2020 MSC Industrial Direct pays special dividend
2019 MSC Industrial Direct pays special dividend
2019 MSC Industrial Direct hikes dividend by 19%

Industrials

2023 A.O. Smith hikes dividend by 6.7% to $0.32 quarterly per share
2023 Lockheed Martin hikes dividend by 5% to $3.15 quarterly per share
2023 Honeywell hikes dividend by 4.9% to $1.08 quarterly per share
2023 Howmet Aerospace hikes dividend by 25% to $0.05 quarterly per share

Dividend Calendar

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Ex-date Ticker Yield YTD hike

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