MSC Industrial (MSM) increases dividend by 5%

MSC Industrial Supply Co. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.83 per share, representing a 5% increase from the previous regular quarterly dividend of $0.79 per share. The $0.83 dividend is payable on November 28, 2023 to shareholders of record at the close of business on November 14, 2023. The ex-dividend date is November 13, 2023.

MSC Industrial