GRAINGER DECLARES QUARTERLY DIVIDEND
Rhea-AI Summary
W.W. Grainger (NYSE: GWW) has announced a quarterly cash dividend of $2.05 per share, payable on March 1, 2025, to shareholders of record on February 10, 2025. The company operates primarily in North America, Japan, and the United Kingdom, serving over 4.5 million customers worldwide.
Grainger operates through two business models: the High-Touch Solutions segment, offering approximately 2 million maintenance, repair and operating (MRO) products and services, and the Endless Assortment segment through Zoro.com and MonotaRO.com, providing access to 13 million and 22 million products respectively. The company reported sales of $16.5 billion in 2023.
Positive
- Maintained quarterly dividend payment of $2.05 per share
- Strong 2023 sales performance of $16.5 billion
- Extensive customer base of over 4.5 million worldwide
- Large product portfolio with up to 22 million items through MonotaRO.com
Negative
- None.
News Market Reaction
On the day this news was published, GWW declined 1.53%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
About Grainger
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in
View original content:https://www.prnewswire.com/news-releases/grainger-declares-quarterly-dividend-302362654.html
SOURCE W.W. Grainger, Inc.