- MSC Industrial Direct Co Inc MSM Board of Directors has approved a 5% increase in quarterly cash dividend to $0.79 per share.
- The dividend is payable on November 29, 2022, to shareholders of record on November 15, 2022.
- The ex-dividend date is November 14, 2022.
- MSC Industrial held $28.8 million in cash and equivalents as of May 28, 2022.
- MSC Industrial Direct is a distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America.
- Price Action: MSM shares closed higher by 0.76% at $74.72 on Tuesday.
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