GRAINGER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

W.W. Grainger, Inc. (NYSE: GWW) has announced a quarterly cash dividend of $1.72 per share, scheduled for payment on March 1, 2023. Shareholders of record by February 13, 2023 will be eligible for this dividend. In 2021, Grainger reported sales of $13.0 billion, establishing itself as a major distributor with operations mainly in North America, Japan, and the UK. The company serves over 4.5 million customers with a wide range of products, providing solutions to enhance operational efficiency.

Positive

• Quarterly dividend of $1.72 per share reflects company's commitment to returning value to shareholders.
• Strong sales of $13.0 billion in 2021 indicates solid market position.

Negative

• None.

CHICAGO, Jan. 25, 2023 /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 March 1, 2023, to shareholders of record on February 13, 2023.

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 for GWW in 2023?

The dividend amount for GWW in 2023 is $1.72 per share.

When is the GWW dividend payment date?

The GWW dividend payment date is March 1, 2023.

Who is eligible for the GWW dividend?

Shareholders of record as of February 13, 2023, are eligible for the GWW dividend.

How often does GWW pay dividends?

GWW pays dividends quarterly.

What were GWW's sales figures in 2021?

GWW reported sales of $13.0 billion in 2021.