MSC Industrial Rewards Shareholders With 2% Hike in Dividend

MSC Industrial Direct Company, Inc. (MSM) announced a 2% hike in the quarterly dividend payout. This is in sync with the company's ongoing commitment to deliver shareholder value and its trust in its financial robustness.Details of MSM’s Quarterly Dividend HikeMSC Industrial will pay the new quarterly dividend of 85 cents on Nov. 27, 2024, to shareholders of record as of Nov. 13, 2024. The raised dividend takes the company’s dividend yield from the current 4.00%  to 4.10%.MSC Industrial has a three-year div ...