Graco Announces Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Graco Inc. (NYSE:GGG) has declared a quarterly dividend of $0.1875 per share, scheduled for payment on May 5, 2021. Shareholders of record as of April 19, 2021 will receive this dividend. Graco has approximately 168.8 million shares outstanding, indicating a continued commitment to returning value to its shareholders.

Positive

• Regular dividend of $0.1875 per share indicates company confidence.
• Approximately 168.8 million shares outstanding supports stable dividend distribution.

Negative

• None.

The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 18.75 cents ($0.1875) per common share, payable on May 5, 2021 to shareholders of record at the close of business on April 19, 2021. The Company has approximately 168.8 million shares outstanding.

ABOUT GRACO

Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction, and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210212005472/en/

FAQ

What is the dividend amount declared by Graco (GGG)?

Graco has declared a quarterly dividend of $0.1875 per share.

When will the dividend for Graco (GGG) be paid?

The dividend will be paid on May 5, 2021.

What is the record date for Graco's (GGG) dividend?

The record date for the dividend is April 19, 2021.

How many shares does Graco (GGG) have outstanding?

Graco has approximately 168.8 million shares outstanding.