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

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 given 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 of this dividend is Monday, November 9th.

W.W. Grainger has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 55 years. W.W. Grainger has a payout ratio of 22.3% meaning 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 Stock Down 0.2%

NYSE GWW opened at $1,340.21 on Thursday. The stock has a market cap of $63.12 billion, a PE ratio of 34.17, a P/E/G ratio of 2.39 and a beta of 1.01. W.W. Grainger has a fifty-two week low of $906.52 and a fifty-two week high of $1,419.91. The business has a 50 day moving average price of $1,298.17 and a two-hundred day moving average price of $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.

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

About W.W. Grainger

(Get Free Report)

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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Dividend History for W.W. Grainger (NYSE:GWW)

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