Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



MSC Industrial Direct Declares its First Dividend of 2013

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

MSC Industrial Direct (NYSE: MSM  ) is set to hand out its latest quarterly dividend. As in the company's previous two quarters, it will distribute $0.30 per share of its stock on April 30 to shareholders of record as of March 16.

Prior to the firm's first $0.30 payout last November, the company distributed $0.25 per share.

MSC tends to pay dividends every quarter, and since 2010, it has raised them once per year. Over that time, those payouts have risen from $0.20 to the current level.   The company also dispensed a special dividend of $1.00 in late 2010.

The new payout annualizes to $1.20 per share, yielding 1.4% at MSC's current stock price of $82.83.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2349427, ~/Articles/ArticleHandler.aspx, 9/27/2016 8:23:47 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,228.30 133.47 0.74%
S&P 500 2,159.93 13.83 0.64%
NASD 5,305.71 48.22 0.92%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 4:02 PM
MSM $71.55 Up +0.12 +0.17%
MSC Industrial Dir… CAPS Rating: ****