MSC Industrial Direct Declares $0.85 Dividend

By Bobby Samwell • Thursday, December 19 15:25 • Permanent Link

MSC Industrial Supply Co. (NYSE: MSM) has declared a cash dividend of $0.85 per share, payable on January 29, 2025, to shareholders of record at the close of business on January 15, 2025. This announcement indicates a consistent dividend payout compared to the previous period.

The company, a premier distributor of metalworking and maintenance, repair, and operations (MRO) products and services to industrial customers throughout North America, has been maintaining its dividend payout, providing stability and potential income for its shareholders.

MSC Industrial Supply Co. continues to demonstrate its commitment to rewarding shareholders through regular dividend payments, which can be seen as a positive sign of the company's financial health and confidence in its future prospects. The market has reacted to these announcements by moving the company's shares -0.9% to a price of $77.58. For the full picture, make sure to review MSC Industrial Direct's 8-K report.

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