MSC Industrial Supply raises quarterly dividend by 2.4% to $0.87

MELVILLE, NY - MSC Industrial Supply Co. (NYSE:MSM) announced Tuesday its Board of Directors has approved a quarterly cash dividend of $0.87 per share, representing a 2.4% increase from the previous quarterly dividend of $0.85 per share. The company has maintained dividend payments for 23 consecutive years, with the current yield standing at 3.7%.

The industrial distributor said the dividend will be payable on November 26, 2025, to shareholders of record as of November 12, 2025.

MSC Industrial Supply specializes in metalworking and maintenance, repair and operations products for industrial customers throughout North America. The company offers approximately 2.4 million products and inventory management solutions.

The dividend increase comes as part of the company’s regular quarterly dividend program. MSC Industrial has maintained a consistent dividend policy as part of its capital allocation strategy.

The company employs more than 7,000 associates and has been operating in the industrial distribution sector for over 80 years, according to the press release statement.

MSC Industrial Supply trades on the New York Stock Exchange under the ticker symbol MSM.

In other recent news, MSC Industrial Supply Co. reported that its fourth-quarter performance is trending higher, a development that could interest investors keeping an eye on the company’s financial health. Additionally, the company announced that Executive Vice President and Chief Financial Officer Kristen Actis-Grande will step down in August 2025 to take a CFO position at another publicly traded company. Greg Clark, Vice President of Finance and Corporate Controller, will serve as interim CFO during the search for a permanent replacement. Clark has previous experience in this role, having served as interim CFO in 2020.

In another update, Metalsource Mining Inc. announced a non-brokered private placement offering to raise up to $4 million in gross proceeds. Investor Eric Sprott will lead the offering with a $1 million commitment, subscribing for 5 million units. Each unit includes one common share and one-half of a transferable share purchase warrant, allowing the purchase of an additional common share at CAD $0.30 for three years. These recent developments provide insights into the strategic financial activities of both companies.

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