Grainger Declares Quarterly Dividend

(Neutral)

Rhea-AI Summary

W.W. Grainger, Inc. (NYSE: GWW) announced a cash dividend of $1.53 per share, payable on December 1, 2020. Shareholders of record by November 9, 2020 will receive this dividend. In 2019, Grainger reported sales of $11.5 billion and is recognized as North America's leading supplier of maintenance, repair, and operating products, operating mainly in North America, Japan, and Europe. For detailed information, visit invest.grainger.com.

Positive

Cash dividend of $1.53 per share strengthens shareholder income.
Strong sales performance with 2019 revenue of $11.5 billion.

Negative

None.

News Market Reaction – GWW

-1.42%

-1.42% Session move

In the trading session that priced this news, GWW declined 1.42%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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10/28/2020 - 10:14 AM

CHICAGO, Oct. 28, 2020 /PRNewswire/ -- The board of directors of W.W. Grainger, Inc. (NYSE: GWW) declared a cash dividend of $1.53 per share payable on December 1, 2020, to shareholders of record on November 9, 2020.

W.W. Grainger, Inc., with 2019 sales of $11.5 billion, is North America's leading broad line supplier of maintenance, repair and operating (MRO) products, with operations primarily in North America, Japan and Europe. For more information about the company, visit invest.grainger.com.

View original content:http://www.prnewswire.com/news-releases/grainger-declares-quarterly-dividend-301161883.html

SOURCE W.W. Grainger, Inc.

FAQ

What is the dividend amount declared by GWW for December 2020?

GWW declared a cash dividend of $1.53 per share.

When is the dividend payable to shareholders of GWW?

The dividend is payable on December 1, 2020.

What is the record date for GWW's dividend?

The record date for the dividend is November 9, 2020.

How much were GWW's sales in 2019?

GWW reported sales of $11.5 billion in 2019.