Grainger Boosts Quarterly Dividend 6%April 24, 2019
W.W. Grainger, Inc. has increased the quarterly dividend on its common stock 6% to US$1.44 per share.
The dividend―$5.76 annualized with a yield of 1.96 percent―is payable June 1 to shareholders of record at the close of business May 13. Grainger has paid an increased dividend to shareholders without interruption for 48 consecutive years.
W.W. Grainger, Inc. is a broad-line supplier of maintenance, repair, and operating products serving businesses and institutions in North America. It has an expanding presence in Asia, Europe, and Latin America. For more information, visit www.grainger.com.