W.W. Grainger, Inc. to Issue Quarterly Dividend of $2.49 (NYSE:GWW)

W.W. Grainger, Inc. (NYSE:GWW) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 10th will be paid a dividend of 2.49 per share by the industrial products company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th.

W.W. Grainger has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 55 consecutive years. W.W. Grainger has a payout ratio of 22.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect W.W. Grainger to earn $50.27 per share next year, which means the company should continue to be able to cover its $9.96 annual dividend with an expected future payout ratio of 19.8%.

W.W. Grainger Stock Down 2.8%

Shares of NYSE:GWW opened at $1,360.12 on Thursday. The company has a 50 day moving average price of $1,331.41 and a two-hundred day moving average price of $1,199.88. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.60 and a current ratio of 2.69. The company has a market capitalization of $64.22 billion, a PE ratio of 36.58, a PEG ratio of 2.58 and a beta of 1.03. W.W. Grainger has a 52 week low of $906.52 and a 52 week high of $1,419.91.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Thursday, May 7th. The industrial products company reported $11.65 earnings per share for the quarter, topping analysts’ consensus estimates of $10.21 by $1.44. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same period last year, the firm posted $9.86 earnings per share. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. Analysts forecast that W.W. Grainger will post 45.46 earnings per share for the current year.

About W.W. Grainger

W.W. Grainger, Inc (NYSE: GWW) is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger’s product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.