MSC Industrial Direct hikes dividend by 2.4%
MSC Industrial Direct Co (MSM) will hike its quarterly dividend by 2.4% to $0.87 per share in 2025. This brings the dividend track record to 4 consecutive years of increases.
MSC Industrial Direct Co. Inc. has announced a new regular quarterly dividend of $0.87 per share, an increase of approximately 2.4% from the previous dividend of $0.85 per share. In 2024, MSM also announced a 2.4% dividend hike.
The next ex-dividend date is November 12, 2025. At a stock price of $89.33 the dividend yield for MSM is 3.9%. Back in 2019 MSM did its last double digit dividend hike with a 19% increase. Through 2020 the company also paid several big special dividends to shareholders.
MSM Dividend News