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MSC Industrial Declares Cash Dividend for Shareholders
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MSC Industrial Declares Cash Dividend for Shareholders

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MSC Industrial ( (MSM) ) just unveiled an update.

MSC Industrial Supply Co. has announced a cash dividend of $0.85 per share, payable on January 29, 2025, to shareholders recorded by January 15, 2025. This declaration reflects the company’s continued commitment to returning value to shareholders and may impact stakeholder perceptions and market positioning as it underscores financial stability and shareholder confidence.

More about MSC Industrial

MSC Industrial Supply Co. is a leading North American distributor specializing in metalworking and maintenance, repair, and operations (MRO) products and services. The company offers approximately 2.4 million products and various inventory management and supply chain solutions, leveraging over 80 years of expertise to enhance productivity and profitability for its industrial customers.

YTD Price Performance: -15.40%

Average Trading Volume: 651,535

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $4.55B

See more insights into MSM stock on TipRanks’ Stock Analysis page.

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