Grainger declares quarterly dividend of $2.26 per share

Published 30/07/2025, 18:06
Grainger declares quarterly dividend of $2.26 per share

CHICAGO - W.W. Grainger, Inc. (NYSE:GWW), a $50.6 billion industrial distributor, announced Wednesday that its board of directors has approved a quarterly cash dividend of $2.26 per share, payable on September 1, 2025, to shareholders of record on August 11, 2025. The company has impressively maintained dividend payments for 55 consecutive years, with 32 years of consecutive increases, according to InvestingPro data.

The industrial supply company, which specializes in maintenance, repair and operating products, stated in a press release that the dividend reflects its "ongoing commitment to delivering long-term value to shareholders and maintaining a disciplined capital allocation strategy." With a current dividend yield of 0.86% and strong financial metrics, InvestingPro analysis reveals the company maintains excellent financial health with robust cash flows to support its dividend commitments.

Grainger operates primarily in North America, Japan and the United Kingdom, serving more than 4.5 million customers worldwide with MRO products and value-added solutions. The company reported revenue of $17.2 billion for 2024.

W.W. Grainger describes itself as a leading broad line distributor in the maintenance, repair and operating products sector, delivering products through technology platforms and customer expertise.

In other recent news, WW Grainger reported its financial results for the first quarter of 2025, highlighting an earnings per share (EPS) of $9.86, which exceeded the forecasted $9.54. The company’s revenue for the quarter was $4.3 billion, just shy of the anticipated $4.31 billion. Additionally, Grainger’s shareholders approved an amendment to the company’s Restated Articles of Incorporation, eliminating cumulative voting. This change, recommended by the Board of Directors, was adopted following a shareholder vote at the company’s annual meeting. In analyst coverage, BofA Securities reiterated its Underperform rating on Grainger’s stock, maintaining a price target of $970.00. The firm noted that while manufacturing, a significant portion of Grainger’s sales, is performing "flattish at best," other sectors like healthcare and aerospace repair are showing better performance. These developments reflect the company’s ongoing adjustments in a "sluggish but stable" macroeconomic environment.

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