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MSC Industrial Direct (MSM) Dividend Yield, Date & History

MSC Industrial Direct logo
$76.77 -0.25 (-0.32%)
(As of 12/20/2024 05:16 PM ET)

MSC Industrial Direct Dividend Summary

Dividend Yield
4.43%
Annual Dividend
$3.40
Next
Dividend Payment
Jan. 29
Annualized 3-Year
Dividend Growth
2.17%
Dividend Payout Ratio
74.24%

MSC Industrial Direct (MSM) pays an annual dividend of $3.40 per share, with a dividend yield of 4.43%. The next quarterly payment of $0.85 per share is scheduled for Wednesday, January 29, to investors who own the stock before the ex-dividend date of Wednesday, January 15. The company currently pays out 74.24% of its earnings and 58.24% of its cash flow as dividends.

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MSM Dividend Payments by Quarter

The chart below displays up to four years of MSC Industrial Direct's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MSM Dividend Yield Over Time

The chart below tracks MSC Industrial Direct's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

MSC Industrial Direct vs. The Competition

Compare MSC Industrial Direct's annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeMSC Industrial DirectIndustrial CompaniesNYSE Companies
Annual Dividend$3.40$0.01$1.39
Dividend Yield4.43%2.08%3.58%
Annualized 3-Year Dividend Growth2.17%11.38%15.78%

MSC Industrial Direct Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings74.24%
Based on This Year's Estimate93.66%
Based on Next Year's Estimate81.73%
Based on Cashflow58.24%

MSC Industrial Direct Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/18/2024quarterly$0.85 - 4.34%1/15/20251/15/20251/29/2025
10/10/2024quarterly$0.85+$0.02
2.41%
4.18%11/13/202411/13/202411/27/2024
6/25/2024Quarterly$0.83 - 4.21%7/9/20247/9/20247/23/2024
3/26/2024Quarterly$0.83 - 3.34%4/8/20244/9/20244/23/2024
12/15/2023quarterly$0.83 - 3.3%1/8/20241/9/20241/23/2024
10/11/2023Quarterly$0.83+$0.04
5.06%
3.16%11/13/202311/14/202311/28/2023
6/21/2023Quarterly$0.79 - 3.29%7/10/20237/11/20237/25/2023
3/22/2023Quarterly$0.79 - 3.95%4/10/20234/11/20234/25/2023

This table shows MSC Industrial Direct's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

MSC Industrial Direct Dividend - Frequently Asked Questions

The current dividend yield for MSC Industrial Direct is 4.43%. Learn more on MSM's dividend yield history.

The annual dividend for MSM shares is $3.40. Learn more on MSM's annual dividend history.

MSC Industrial Direct pays quarterly dividends to shareholders.

MSC Industrial Direct's next quarterly dividend payment of $0.85 per share will be made to shareholders on Wednesday, January 29, 2025.

MSC Industrial Direct's most recent quarterly dividend payment of $0.85 per share was made to shareholders on Wednesday, November 27, 2024.

MSC Industrial Direct's next ex-dividend date is Wednesday, January 15, 2025.

MSC Industrial Direct's most recent ex-dividend date was Wednesday, November 13, 2024.

Over the past three years, the company's dividend has grown by an average of 2.17% per year.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, October 10, 2024.

The dividend payout ratio for MSM is:
  • 74.24% based on the trailing year of earnings
  • 93.66% based on this year's estimates
  • 81.73% based on next year's estimates
  • 58.24% based on cash flow

MSC Industrial Direct's dividend yield of 4.08% is higher than the average Industrial Products company that issues a dividend. MSC Industrial Direct's dividend payout ratio of 74.24% is at a healthy, sustainable level, below 75% of its earnings. However, based on EPS estimates, MSM will have a less sustainable dividend payout ratio of 81.73% in the coming year.

Looking at the stock as a whole, market analysts rate MSC Industrial Direct stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MSM) was last updated on 12/21/2024 by MarketBeat.com Staff
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