W.W. Grainger, Inc. (NYSE:GWW) to Issue $2.26 Quarterly Dividend

W.W. Grainger, Inc. (NYSE:GWW) announced a quarterly dividend on Wednesday, January 28th. Investors of record on Monday, February 9th will be paid a dividend of 2.26 per share by the industrial products company on Sunday, March 1st. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, February 9th.

W.W. Grainger has increased its dividend by an average of 0.0%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 20.3% meaning its dividend is sufficiently covered by earnings. Analysts expect W.W. Grainger to earn $44.80 per share next year, which means the company should continue to be able to cover its $9.04 annual dividend with an expected future payout ratio of 20.2%.

W.W. Grainger Price Performance

Shares of NYSE:GWW traded up $10.95 during trading hours on Thursday, hitting $1,080.96. 88,419 shares of the company’s stock traded hands, compared to its average volume of 213,658. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.59 and a current ratio of 2.72. W.W. Grainger has a 52 week low of $893.99 and a 52 week high of $1,130.61. The company’s fifty day simple moving average is $1,010.93 and its two-hundred day simple moving average is $991.78. The company has a market cap of $51.40 billion, a price-to-earnings ratio of 30.30, a price-to-earnings-growth ratio of 2.60 and a beta of 1.12.

W.W. Grainger (NYSE:GWW) last released its earnings results on Friday, October 31st. The industrial products company reported $10.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.95 by $0.26. The company had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.64 billion. W.W. Grainger had a net margin of 9.75% and a return on equity of 49.40%. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.87 EPS. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, equities analysts anticipate that W.W. Grainger will post 40.3 EPS for the current fiscal year.

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.