W.W. Grainger, Inc. (GWW) to Issue Quarterly Dividend of $2.49 on June 1st

W.W. Grainger, Inc. (NYSE:GWW) announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Monday, May 11th will be paid a dividend of 2.49 per share by the industrial products company on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, May 11th. This is a 10.2% increase from W.W. Grainger’s previous quarterly dividend of $2.26.

W.W. Grainger has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 55 consecutive years. W.W. Grainger has a dividend payout ratio of 22.3% meaning its dividend is sufficiently covered by earnings. Analysts expect W.W. Grainger to earn $48.63 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 20.5%.

W.W. Grainger Stock Performance

Shares of W.W. Grainger stock opened at $1,233.40 on Friday. The company’s 50 day moving average price is $1,121.77 and its two-hundred day moving average price is $1,058.34. The firm has a market capitalization of $58.38 billion, a P/E ratio of 33.17, a P/E/G ratio of 2.60 and a beta of 1.04. W.W. Grainger has a fifty-two week low of $906.52 and a fifty-two week high of $1,286.56. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.59.

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 (EPS) for the quarter, topping the consensus estimate of $10.21 by $1.44. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.58 billion. W.W. Grainger had a net margin of 9.70% and a return on equity of 47.87%. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business earned $9.86 earnings per share. W.W. Grainger has set its FY 2026 guidance at 44.250-46.250 EPS. On average, equities analysts forecast that W.W. Grainger will post 43.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

GWW has been the subject of several research analyst reports. Oppenheimer upped their price target on shares of W.W. Grainger from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Barclays upped their price target on shares of W.W. Grainger from $1,044.00 to $1,047.00 and gave the stock an “underweight” rating in a report on Monday, March 16th. Sanford C. Bernstein upped their price target on shares of W.W. Grainger from $1,052.00 to $1,125.00 and gave the stock a “market perform” rating in a report on Tuesday, April 21st. Royal Bank Of Canada upped their price target on shares of W.W. Grainger from $1,170.00 to $1,337.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their price target on shares of W.W. Grainger from $1,100.00 to $1,165.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, W.W. Grainger presently has a consensus rating of “Hold” and a consensus price target of $1,159.14.

W.W. Grainger Company Profile

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.