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. This dividend will be payable on August 3, 2022, to shareholders of record as of the close of business on July 18, 2022. With approximately 169.1 million shares outstanding, this decision reflects the company's commitment to returning value to its shareholders.

Positive

• Dividend of $0.21 per share demonstrates financial strength and commitment to shareholders.
• Continued dividend payment indicates confidence in future earnings.

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 August 3, 2022 to shareholders of record at the close of business on July 18, 2022. The Company has approximately 169.1 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/20220617005389/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. for August 2022?

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

When will Graco Inc. pay its dividend to shareholders?

The dividend will be paid on August 3, 2022.

What is the record date for Graco Inc.'s dividend payment?

The record date for the dividend payment is July 18, 2022.

How many shares does Graco Inc. have outstanding?

Graco Inc. has approximately 169.1 million shares outstanding.