MSC Industrial Increases Quarterly Dividend by 2.4% to $0.85, Offering a 4.2% Yield

MSC Industrial (NYSE: MSM) has announced a quarterly dividend of $0.85 per share, which amounts to an annualized total of $3.40. This reflects a 2.4% increase from the previous dividend of $0.83.

The upcoming dividend is set to be paid on November 27, 2024, to shareholders on record as of November 13, 2024, with the ex-dividend date listed for November 12, 2024.

The annual yield based on this dividend is 4.2%.