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 September 1, 2024, to shareholders of record on August 12, 2024. Grainger, a leading broad line distributor, operates primarily in North America, Japan, and the United Kingdom. The company serves over 4.5 million customers worldwide with MRO products and services through two business models: High-Touch Solutions and Endless Assortment. In 2023, Grainger reported sales of $16.5 billion. The High-Touch Solutions segment offers about 2 million MRO products, while the Endless Assortment segment includes Zoro.com and MonotaRO.com, providing access to 13 million and 22 million products, respectively.

Positive

• Consistent quarterly dividend payment of $2.05 per share
• Broad customer base of over 4.5 million worldwide
• Strong sales performance with $16.5 billion in 2023
• Diverse product offerings through two distinct business models

Negative

• None.

News Market Reaction

+1.08%

1 alert

+1.08% News Effect

On the day this news was published, GWW gained 1.08%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHICAGO, July 31, 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 September 1, 2024, to shareholders of record on August 12, 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.

View original content:https://www.prnewswire.com/news-releases/grainger-declares-quarterly-dividend-302210400.html

SOURCE W.W. Grainger, Inc.

FAQ

When will Grainger (GWW) pay its next quarterly dividend?

Grainger (GWW) will pay its next quarterly dividend of $2.05 per share on September 1, 2024.

What is the record date for Grainger's (GWW) upcoming dividend?

The record date for Grainger's (GWW) upcoming dividend is August 12, 2024.

How much is Grainger's (GWW) quarterly dividend for 2024?

Grainger's (GWW) quarterly dividend for 2024 is $2.05 per share.

What were Grainger's (GWW) sales in 2023?

Grainger (GWW) reported sales of $16.5 billion in 2023.