GRAINGER DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

W.W. Grainger, Inc. (NYSE: GWW) declared a quarterly cash dividend of $1.72 per share, payable on September 1, 2022, to shareholders of record on August 8, 2022. In 2021, Grainger reported sales of $13.0 billion, positioning itself as a leading distributor in North America, Japan, and the United Kingdom. The company serves over 4.5 million customers globally with a diverse product range, including more than 2 million maintenance, repair, and operating (MRO) products.

Positive

• Quarterly cash dividend of $1.72 signifies strong shareholder returns.
• Sales of $13.0 billion in 2021 indicate robust market presence.
• Serving over 4.5 million customers shows substantial demand for services.

Negative

• None.

News Market Reaction

+1.68%

1 alert

+1.68% News Effect

On the day this news was published, GWW gained 1.68%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHICAGO, July 27, 2022 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) announced today that its board of directors approved a quarterly cash dividend of $1.72 per share payable on September 1, 2022, to shareholders of record on August 8, 2022.

About Grainger

W.W. Grainger, Inc., with 2021 sales of $13.0 billion, is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. Grainger achieves its purpose, We Keep the World Working^®, by serving more than 4.5 million customers worldwide with a wide range of product categories that keep customer operations running and their people safe. The Company also delivers services and solutions, such as technical support and inventory management, to provide tangible value and save customers time and money. Grainger offers more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions assortment and more than 30 million products through its expanding Endless Assortment offering. For more information, visit invest.grainger.com.

 

View original content:https://www.prnewswire.com/news-releases/grainger-declares-quarterly-dividend-301594437.html

SOURCE W.W. Grainger, Inc.

FAQ

What is the dividend amount declared by Grainger?

W.W. Grainger declared a quarterly cash dividend of $1.72 per share.

When is the dividend payment date for Grainger?

The dividend will be payable on September 1, 2022.

What is the record date for Grainger's dividend?

The record date for the dividend is August 8, 2022.

How much were Grainger's sales in 2021?

W.W. Grainger reported sales of $13.0 billion in 2021.

In which regions does Grainger operate?

Grainger primarily operates in North America, Japan, and the United Kingdom.