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The Board of Directors of Graco Inc. (NYSE:GGG) has declared a quarterly dividend of $0.21 per common share, marking a 12% increase. This dividend is payable on Feb. 2, 2022, to shareholders on record by Jan. 18, 2022. Graco has approximately 170.2 million shares outstanding, reflecting the company's commitment to returning value to its shareholders.
Positive
Quarterly dividend increased by 12% to $0.21 per share.
Demonstrates strong financial health and commitment to shareholder returns.
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, an increase of 12 percent, payable on Feb. 2, 2022, to shareholders of record at the close of business on Jan. 18, 2022. The Company has approximately 170.2 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.
