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MSM Msc Industrial Direct dividend history, payout ratio & dates

  1. Stocks
  2. Industrials
  3. NYSE: MSM
  4. Dividend

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%.

Key dates

  • MSM last dividend date: Nov 13, 2023
  • MSM next dividend date: Not announced
Peer dividends: AIT FAST GWW KAMN
MSM dividend stats
DPS
$3.2
Dividend yield
3.28%
Payout ratio
52.1%
vs. Industrials sector
Dividend yield
1.47%
Payout ratio
30.9%

Dividend yield

What is Msc Industrial Direct current dividend yield

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.

Dividend history

What is MSM dividend payout history and dates

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%.

Recent dividends

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

Msc Industrial Direct dividend payout ratio

What is Msc Industrial Direct dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

MSM dividend vs peer dividends

How does MSM dividend compare to its peers' dividends
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%

Frequently asked questions

Does Msc Industrial Direct pay a dividend?

Yes, Msc Industrial Direct has been paying dividends for the last 21 years.

When is Msc Industrial Direct's next dividend?

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.

When was MSM's last dividend?

Msc Industrial Direct's last dividend ex-date was on Nov 13, 2023. The dividend amount was $0.83 per share.

How much dividend does Msc Industrial Direct pay (per share)?

MSM's annualized dividend per share is $3.2.

What is Msc Industrial Direct's dividend yield?

Currently Msc Industrial Direct's dividend yield is 3.3%.

How often does Msc Industrial Direct pay dividends?

Msc Industrial Direct has a quarterly dividend frequency.

What is Msc Industrial Direct's dividend payout ratio?

The dividend payout ratio of Msc Industrial Direct is 52.1%.

Does Msc Industrial Direct pay a good dividend?

Msc Industrial Direct's dividend yield is higher than the Industrials sector average.