Graco Increases Quarterly Dividend 7.1 Percent

Graco Inc. (NYSE:GGG) has declared a quarterly dividend of $0.1875 per share, marking a 7.1% increase.

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12/04/2020 - 01:15 PM EST

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 18.75 cents ($0.1875) per common share, an increase of 7.1 percent, payable on Feb. 3, 2021, to shareholders of record at the close of business on Jan. 19, 2021. The Company has approximately 168.4 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.