Grainger Increases Quarterly Dividend 5%April 28, 2017
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W.W. Grainger, Inc. has increased the quarterly dividend on its common stock 5 percent to US$1.28 per share.
The dividend―$4.88 annualized with a yield of 2.5 percent―is payable June 1 to shareholders of record at the close of business May 8. Grainger has paid an increased dividend to shareholders without interruption for 46 consecutive years.
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W.W. Grainger, Inc., with 2014 sales of US$10 billion, is a broad-line supplier of maintenance, repair, and operating products serving businesses and institutions in North America with an expanding presence in Asia, Europe, and Latin America. For more information, visit www.grainger.com.