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

Key Points

• W.W. Grainger declared a quarterly dividend of $2.49 per share, payable December 1 to shareholders of record on November 9. The dividend represents $9.96 annually and a 0.7% yield.
• Grainger has raised its dividend for 55 consecutive years, with a 22.3% payout ratio indicating substantial earnings coverage. Analysts expect a future payout ratio of 19.6%.
• The company’s latest quarterly results exceeded expectations, with EPS of $12.01 versus an $11.30 consensus estimate and revenue of $5.02 billion, up 10.3% year over year.

W.W. Grainger, Inc. (NYSE:GWW - Get Free Report) declared a quarterly dividend on Wednesday, October 28th. Investors of record on Monday, November 9th will be paid a dividend of $2.49 per share by the industrial products company on Tuesday, December 1st. This represents a $9.96 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, November 9th.

W.W. Grainger has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 55 years. W.W. Grainger has a dividend payout ratio of 22.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect W.W. Grainger to earn $50.90 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 19.6%.

W.W. Grainger Trading Down 0.2%

Shares of GWW opened at $1,340.21 on Thursday. The stock's 50-day moving average price is $1,298.17 and its 200 day moving average price is $1,232.27. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $63.12 billion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 2.39 and a beta of 1.01. W.W. Grainger has a 12-month low of $906.52 and a 12-month high of $1,419.91.

W.W. Grainger (NYSE:GWW - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, topping analysts' consensus estimates of $11.30 by $0.71. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter last year, the company earned $9.97 EPS. The company's quarterly revenue was up 10.3% on a year-over-year basis. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, research analysts predict that W.W. Grainger will post 46.31 earnings per share for the current year.

W.W. Grainger Company Profile

W.W. Grainger, Inc is a distributor of maintenance, repair and operating (MRO) supplies for businesses, government agencies and other organizations. Its product offerings include safety equipment, tools, fasteners, electrical and plumbing supplies, material-handling equipment, cleaning and janitorial products, HVAC supplies, and facility-maintenance products.

The company also provides services designed to help customers manage procurement and workplace operations, including product selection support, inventory-management programs, digital purchasing tools, and technical assistance.

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