MSC Declares Regular Quarterly Dividend

Rhea-AI Summary

MSC Industrial Supply Co. (NYSE: MSM) has declared a cash dividend of $0.75 per share, payable on January 26, 2021, for shareholders of record by the close of business on January 12, 2021. The ex-dividend date is set for January 11, 2021. As a leading distributor of metalworking and MRO products across North America, MSC continues to support its customers' productivity and profitability with over 1.8 million products and extensive supply chain solutions.

Positive

• Declared a cash dividend of $0.75 per share, which demonstrates strong financial performance.
• The company has over 1.8 million products and a dedicated team of 6,300 associates, enhancing its market position.

Negative

• None.

MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 16, 2020 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.75 per share. The $0.75 dividend is payable on January 26, 2021 to shareholders of record at the close of business on January 12, 2021. The ex-dividend date is January 11, 2021.

About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with more than 1.8 million products, inventory management and other supply chain solutions, and deep expertise from over 75 years of working with customers across industries.

Our experienced team of more than 6,300 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow.

For more information on MSC, please visit mscdirect.com.

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SOURCE MSC Industrial Supply Co.

FAQ

What is the dividend amount declared by MSC Industrial Supply Co. (MSM)?

MSC Industrial Supply Co. has declared a cash dividend of $0.75 per share.

When is the payment date for the dividend from MSC (MSM)?

The dividend payment date is January 26, 2021.

What is the ex-dividend date for MSC's dividend?

The ex-dividend date is January 11, 2021.

Who are the shareholders of record for MSC's dividend?

Shareholders of record are those holding shares by the close of business on January 12, 2021.