- Grainger Raises Quarterly Dividend
May 2, 2012 — W.W. Grainger, Inc., has raised its quarterly dividend by 21 percent, reports The Chicago Tribune.
Grainger boosted its dividend on the company's common stock to US$0.80 per share, up from $0.66. The dividend is payable June 1 to shareholders of record at the close of business on May 14.
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W.W. Grainger, Inc., with 2011 sales of US$8.1 billion, is a broad line supplier of maintenance, repair, and operating products serving businesses and institutions in North America with an expanding presence in Asia and Latin America. For more information, visit www.grainger.com.
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