Graco Announces Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Graco Inc. (NYSE:GGG) has announced a regular quarterly dividend of $0.21 per common share, set to be paid on May 4, 2022. Shareholders registered by the close of business on April 18, 2022 will receive this dividend. Graco has approximately 169.9 million shares outstanding. The company specializes in fluid management technology for various industries, including manufacturing and construction, highlighting its global reach and leadership in its field.

Positive

• Declaration of a quarterly dividend of $0.21 per share, enhancing income for shareholders.
• Approximately 169.9 million shares outstanding indicates a stable shareholder base.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 21 cents ($0.21) per common share, payable on May 4, 2022, to shareholders of record at the close of business on April 18, 2022. The Company has approximately 169.9 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 www.graco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220218005402/en/

Investors: David Lowe, 612-623-6456

Media: David Ahlers, 612-623-6699

David_M_Ahlers@graco.com

Source: Graco Inc.

FAQ

What is the dividend amount declared by Graco Inc. (GGG) for May 2022?

Graco Inc. has declared a dividend of $0.21 per common share.

When will Graco Inc. (GGG) pay its dividend?

The dividend will be paid on May 4, 2022.

What is the record date for Graco Inc. (GGG) dividend?

The record date for the dividend is April 18, 2022.

How many shares does Graco Inc. (GGG) have outstanding?

Graco Inc. has approximately 169.9 million shares outstanding.