MSC Industrial ( (MSM) ) has issued an update.
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MSC Industrial Direct Co. has announced an increase in its regular quarterly cash dividend to $0.85 per share, a slight rise from the previous $0.83 per share. Shareholders on record by November 13, 2024, will receive the dividend on November 27, 2024. This decision reflects the company’s ongoing commitment to delivering shareholder value and confidence in its financial strength. MSC Industrial is a leading North American distributor, known for providing a wide range of metalworking and MRO products and services, with a history of driving customer productivity and growth.
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