MSC Industrial Direct Co Inc (MSM) has declared a quarterly dividend of $0.87 per share, set to benefit shareholders of record. This marks a 2.4% increase from the previous dividend of $0.85 per share.
The ex-dividend date is November 11, 2025, meaning investors must own shares before this date to qualify for the upcoming payment. Eligible shareholders will receive their dividends on November 25, 2025.
With a dividend yield of 4.08%, MSC Industrial Direct continues to provide regular income to its investors. The company's commitment to returning capital to shareholders is underscored by this increase, reflecting management's confidence in its financial position.
As a key player in the trading companies and distributors industry, MSC Industrial Direct engages in the distribution of metalworking and maintenance, repair, and operations products. Headquartered in Melville, New York, the company employs 7,191 full-time workers and offers a diverse range of products, including cutting tools and safety supplies.
This announcement highlights MSC Industrial Direct's ongoing strategy to maintain a robust dividend policy, which can be appealing to income-focused investors. However, it is essential for investors to consider the company's overall financial health and dividend history when evaluating the sustainability of these payments.