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MSC Industrial Supply Raises Quarterly Dividend to $0.89 Per Share

BullishLow impact
MSM$132.58 0.31%

MSC Industrial Supply Co. (NYSE:MSM) announced that its board of directors approved an increase to its regular quarterly cash dividend. Shareholders will receive $0.89 per share, marking a 2.3% raise from the previous quarterly payout of $0.87 per share.

The dividend increase reflects the industrial product distributor's ongoing effort to deliver capital returns to its investors. The newly declared payout is scheduled for distribution on November 25, 2026, to stockholders of record at the close of trading on November 11, 2026. Following the announcement, shares of MSC Industrial Direct Co., Inc. Class A were trading at $132.60, up 0.31% for the day.

Investors will look ahead to the November 11 record date to determine eligibility for the upcoming distribution, alongside watching how industrial demand and supply chain conditions impact the company's future capital allocation plans.

Key points

  • MSC Industrial Supply Co. declared a quarterly cash dividend of $0.89 per share.
  • The new payout represents a 2.3% increase from the prior $0.87 per share regular dividend.
  • The dividend is payable on November 25, 2026, to shareholders of record as of November 11, 2026.
  • Shares of MSC Industrial Direct Co., Inc. Class A were last priced at $132.60, up 0.31% for the day.

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Questions and answers

What is MSC Industrial Supply Co.'s new quarterly dividend?

The board of directors declared a cash dividend of $0.89 per share, an increase of approximately 2.3% from the previous quarterly dividend of $0.87 per share.

When is the payout date for the MSC Industrial Supply dividend?

The dividend is payable on November 25, 2026, for shareholders of record at the close of business on November 11, 2026.

What is the ticker symbol for MSC Industrial Supply Co.?

The company trades on the New York Stock Exchange under the ticker symbol NYSE:MSM.