MSC Industrial raises quarterly dividend to $0.89 per share
The increase is approximately 2.3% from the prior $0.87 quarterly payment, and the dividend is payable Nov. 25, 2026.
Key takeaways
- MSC Industrial Direct Co., Inc. (MSM) declared a cash dividend of $0.89 per share on Oct. 14, 2026, up from $0.87 per share previously paid, an increase of approximately 2.3%. The dividend is payable Nov. 25, 2026, to shareholders of record on Nov. 11, 2026.
MSC Industrial Direct Co., Inc. (MSM) said Wednesday its board of directors declared a cash dividend of $0.89 per share, up from the $0.87 per share previously paid, a regulatory filing showed.
The increase is approximately 2.3%. The filing describes it as an increase in the company's regular quarterly dividend, and the company announced it in a press release attached to the 8-K.
The dividend is payable Nov. 25, 2026, to shareholders of record at the close of business on Nov. 11, 2026.
The company is a distributor of metalworking, maintenance, repair and operations (MRO) products and services to industrial customers throughout North America. Its press release says it offers about 2.5 million products and has more than 80 years of experience.
The filing does not give the company's annual dividend total or say whether further increases are planned.