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 December 1, 2024, to shareholders of record on November 11, 2024. The company operates primarily in North America, Japan, and the United Kingdom, serving over 4.5 million customers through two business models: High-Touch Solutions and Endless Assortment. With 2023 sales of $16.5 billion, Grainger offers approximately 2 million MRO products through High-Touch Solutions, while its Endless Assortment segment includes Zoro.com and MonotaRO.com, offering 13 million and 22 million products respectively.

Positive

• Consistent dividend payment demonstrates financial stability
• Strong market presence with 4.5 million global customers
• Substantial annual revenue of $16.5 billion in 2023
• Extensive product portfolio with millions of items across platforms

Negative

• None.

CHICAGO, Oct. 30, 2024 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) announced today that its board of directors approved a quarterly cash dividend of $2.05 per share. The dividend is payable on December 1, 2024, to shareholders of record on November 11, 2024.  

About Grainger
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with products delivered through innovative technology and deep customer relationships. With 2023 sales of $16.5 billion, the Company operates two business models. In the High-Touch Solutions segment, Grainger offers approximately 2 million maintenance, repair and operating (MRO) products and services, including technical support and inventory management. In the Endless Assortment segment, Zoro.com offers customers access to more than 13 million products, and MonotaRO.com offers more than 22 million products. For more information, visit www.grainger.com.

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SOURCE W.W. Grainger, Inc.

FAQ

What is Grainger's (GWW) quarterly dividend amount for Q4 2024?

Grainger (GWW) declared a quarterly cash dividend of $2.05 per share.

When is Grainger's (GWW) next dividend payment date?

Grainger's dividend will be paid on December 1, 2024, to shareholders of record as of November 11, 2024.

What was Grainger's (GWW) total revenue in 2023?

Grainger reported total sales of $16.5 billion for the year 2023.

How many products does Grainger (GWW) offer through its High-Touch Solutions segment?

Grainger offers approximately 2 million maintenance, repair and operating (MRO) products and services through its High-Touch Solutions segment.