GRAINGER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

W.W. Grainger, Inc. (GWW) announced a quarterly cash dividend of $1.72 per share, which will be payable on December 1, 2022. Shareholders of record as of November 14, 2022, will receive this dividend. In 2021, Grainger reported sales of $13.0 billion, serving over 4.5 million customers globally across various product categories. The company's services include technical support and inventory management, emphasizing its commitment to customer operations and safety.

Positive

• Quarterly cash dividend of $1.72 per share enhances shareholder returns.
• 2021 sales reached $13.0 billion, indicating robust business performance.
• Continued expansion in product offerings with over 2 million MRO products.

Negative

• None.

CHICAGO, Oct. 26, 2022 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) announced today that its board of directors approved a quarterly cash dividend of $1.72 per share payable on December 1, 2022, to shareholders of record on November 14, 2022.

About Grainger
W.W. Grainger, Inc., with 2021 sales of $13.0 billion, is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. Grainger achieves its purpose, We Keep the World Working®, by serving more than 4.5 million customers worldwide with a wide range of product categories that keep customer operations running and their people safe. The Company also delivers services and solutions, such as technical support and inventory management, to provide tangible value and save customers time and money. Grainger offers more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions assortment and more than 30 million products through its expanding Endless Assortment offering. For more information, visit invest.grainger.com.

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SOURCE W.W. Grainger, Inc.

FAQ

What is the dividend amount declared by W.W. Grainger for 2022?

W.W. Grainger declared a quarterly cash dividend of $1.72 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 1, 2022.

What is the record date for W.W. Grainger's dividend payment?

The record date for the dividend payment is November 14, 2022.

What were W.W. Grainger's sales in 2021?

W.W. Grainger reported sales of $13.0 billion in 2021.

How many customers does W.W. Grainger serve?

W.W. Grainger serves over 4.5 million customers globally.