MSC Industrial Direct Co., Inc. Declares Quarterly Cash Dividend, Payable on January 26, 2021
December 16, 2020 at 04:15 pm EST
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MSC Industrial Direct Co., Inc. announced that its Board of Directors has declared a cash dividend of $0.75 per share. The $0.75 dividend is payable on January 26, 2021 to shareholders of record at the close of business on January 12, 2021. The ex-dividend date is January 11, 2021.
MSC Industrial Direct Co., Inc. is a North American distributor of a range of metalworking and maintenance, repair and operations (MRO) products and services. Its range of MRO products includes cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components and electrical supplies. It serves a range of customers throughout the United States, Canada, Mexico, and the United Kingdom, from individual machine shops to manufacturing companies to government agencies, such as the United States General Services Administration and the United States Department of Defense. It operates a network of six customer fulfillment centers, 10 regional inventory centers and 41 warehouses. The Company's customer fulfillment centers have various locations in the United States.