Msc Industrial Direct's last quarterly cash dividend of $0.83 per share was issued to shareholders on record before Nov 13, 2023. The dividend payment stands at $3.2 per share annually, which equates to a dividend yield of 3.3%. The latest MSM dividend of $0.83 is an increase from the previous $0.79 payout, representing a growth of 5%.
MSM has a dividend yield of 3.3% which is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.48%, Msc Industrial Direct's dividend yield is 123% higher. The historical 5-year average of MSM's dividend yield is 3.7%, which is higher than the current one.
Msc Industrial Direct has been paying dividends for the last 21 years. According to our records MSM has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 5% for the last twelve months. However with the stock price up by 15% from a year ago, the dividend yield has decreased by 8%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 13, 2023 | Nov 28, 2023 | Oct 11, 2023 | $0.83 | normal |
Jul 10, 2023 | Jul 25, 2023 | Jun 21, 2023 | $0.79 | normal |
Apr 10, 2023 | Apr 25, 2023 | Mar 22, 2023 | $0.79 | normal |
Jan 9, 2023 | Jan 24, 2023 | Dec 16, 2022 | $0.79 | normal |
Nov 14, 2022 | Nov 29, 2022 | Oct 11, 2022 | $0.79 | normal |
Jul 11, 2022 | Jul 26, 2022 | Jun 21, 2022 | $0.75 | normal |
Apr 11, 2022 | Apr 26, 2022 | Mar 22, 2022 | $0.75 | normal |
Jan 10, 2022 | Jan 25, 2022 | Dec 15, 2021 | $0.75 | normal |
Nov 15, 2021 | Nov 30, 2021 | Oct 14, 2021 | $0.75 | normal |
Jul 12, 2021 | Jul 27, 2021 | Jun 29, 2021 | $0.75 | normal |
Apr 12, 2021 | Apr 27, 2021 | Mar 30, 2021 | $0.75 | normal |
Jan 11, 2021 | Jan 26, 2021 | Dec 16, 2020 | $0.75 | normal |
Nov 30, 2020 | Dec 15, 2020 | Nov 17, 2020 | $3.5 | special |
Nov 9, 2020 | Nov 24, 2020 | Oct 20, 2020 | $0.75 | normal |
Jul 13, 2020 | Jul 28, 2020 | Jun 30, 2020 | $0.75 | normal |
Apr 13, 2020 | Apr 28, 2020 | Mar 31, 2020 | $0.75 | normal |
Jan 21, 2020 | Feb 5, 2020 | Dec 17, 2019 | $0.75 | normal |
Jan 21, 2020 | Feb 5, 2020 | Dec 17, 2019 | $5 | special |
Nov 8, 2019 | Nov 26, 2019 | Oct 17, 2019 | $0.75 | normal |
Jul 22, 2019 | Aug 6, 2019 | Jul 10, 2019 | $0.75 | normal |
Apr 8, 2019 | Apr 23, 2019 | Mar 26, 2019 | $0.63 | normal |
Jan 7, 2019 | Jan 22, 2019 | Dec 18, 2018 | $0.63 | normal |
Nov 9, 2018 | Nov 27, 2018 | Oct 18, 2018 | $0.63 | normal |
Jul 9, 2018 | Jul 24, 2018 | Jun 19, 2018 | $0.58 | normal |
Apr 16, 2018 | May 1, 2018 | Apr 5, 2018 | $0.58 | normal |
Jan 12, 2018 | Jan 30, 2018 | Jan 3, 2018 | $0.58 | normal |
Nov 13, 2017 | Nov 28, 2017 | Oct 24, 2017 | $0.48 | normal |
Jul 14, 2017 | Aug 1, 2017 | Jul 7, 2017 | $0.45 | normal |
Apr 13, 2017 | May 2, 2017 | Mar 30, 2017 | $0.45 | normal |
Jan 6, 2017 | Jan 24, 2017 | Dec 20, 2016 | $0.45 | normal |
Nov 10, 2016 | Nov 29, 2016 | Oct 27, 2016 | $0.45 | normal |
Jul 8, 2016 | Jul 26, 2016 | Jun 23, 2016 | $0.43 | normal |
Apr 8, 2016 | Apr 26, 2016 | Mar 31, 2016 | $0.43 | normal |
MSM has a payout ratio of 52.1% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 30.9%, Msc Industrial Direct's payout ratio is 69% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KAMN KAMAN Corp | 3.69% | $0.8 | N/A |
MSM Msc Industrial Direct Co Inc | 3.28% | $3.2 | 52.1% |
FAST Fastenal Co | 2.25% | $1.4 | 70.4% |
GWW Ww Grainger Inc | 0.91% | $7.3 | 20.3% |
AIT Applied Industrial Technologies Inc | 0.85% | $1.4 | 14.9% |
Yes, Msc Industrial Direct has been paying dividends for the last 21 years.
At this point we don't have a record of MSM's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2024.
Msc Industrial Direct's last dividend ex-date was on Nov 13, 2023. The dividend amount was $0.83 per share.
MSM's annualized dividend per share is $3.2.
Currently Msc Industrial Direct's dividend yield is 3.3%.
Msc Industrial Direct has a quarterly dividend frequency.
The dividend payout ratio of Msc Industrial Direct is 52.1%.
Msc Industrial Direct's dividend yield is higher than the Industrials sector average.