Grainger Increases Quarterly Dividend To $0.66

W.W. Grainger GWW announced today that its board of directors voted to raise the quarterly cash dividend by 22 percent to 66 cents per share payable on June 1, 2011, to shareholders of record on May 9, 2011. Grainger has provided 40 consecutive years of increased dividends, a record that only 12 companies in the S&P 500 can claim.