Global Industrial Company, through its subsidiaries, operates as a value-added industrial distributor of industrial and maintenance, repair, and operation (MRO) products in North America. The company offers industrial and MRO products under Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. It offers products, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials. The company offers its products to businesses; state, local, and private educational organizations; and government entities through relationship marketers, e-commerce sites, and catalogs. The company was formerly known as Systemax Inc. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.
Global Industrial Dividend Announcement
• Global Industrial announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-18. Ex dividend date: 2024-11-08
• Global Industrial annual dividend for 2024 was $1.00
• Global Industrial annual dividend for 2023 was $0.80
• Global Industrial's trailing twelve-month (TTM) dividend yield is 3.51%
• Global Industrial's payout ratio for the trailing twelve months (TTM) is 55.49%
• Global Industrial's dividend growth over the last five years (2018-2023) was -38.96% year
Global Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.25 | quarterly | 2024-11-18 |
2024-08-12 | $0.25 | quarterly | 2024-08-19 |
2024-05-10 | $0.25 | quarterly | 2024-05-20 |
2024-03-08 | $0.25 | quarterly | 2024-03-18 |
2023-11-10 | $0.20 | quarterly | 2023-11-20 |
2023-08-11 | $0.20 | quarterly | 2023-08-21 |
2023-05-12 | $0.20 | quarterly | 2023-05-22 |
2023-03-03 | $0.20 | quarterly | 2023-03-13 |
2022-11-10 | $0.18 | quarterly | 2022-11-21 |
2022-08-12 | $0.18 | quarterly | 2022-08-22 |
2022-05-13 | $0.18 | quarterly | 2022-05-23 |
2022-02-25 | $0.18 | quarterly | 2022-03-07 |
2021-12-16 | $1.00 | quarterly | 2021-12-27 |
2021-11-12 | $0.16 | quarterly | 2021-11-22 |
2021-08-13 | $0.16 | quarterly | 2021-08-23 |
2021-05-14 | $0.16 | quarterly | 2021-05-24 |
2021-03-05 | $0.16 | quarterly | 2021-03-15 |
2020-12-17 | $2.00 | quarterly | 2020-12-28 |
2020-11-06 | $0.14 | quarterly | 2020-11-16 |
2020-08-07 | $0.14 | quarterly | 2020-08-17 |
2020-05-08 | $0.14 | quarterly | 2020-05-18 |
2020-03-06 | $1.14 | quarterly | 2020-03-16 |
2019-11-07 | $0.12 | quarterly | 2019-11-18 |
2019-08-09 | $0.12 | quarterly | 2019-08-19 |
2019-05-10 | $0.12 | quarterly | 2019-05-20 |
2019-03-08 | $0.12 | quarterly | 2019-03-18 |
2018-12-21 | $6.50 | quarterly | 2019-01-03 |
2018-11-08 | $0.11 | quarterly | 2018-11-19 |
2018-08-10 | $0.11 | quarterly | 2018-08-20 |
2018-06-22 | $1.00 | quarterly | 2018-07-02 |
2018-05-11 | $0.11 | quarterly | 2018-05-21 |
2018-03-08 | $0.11 | quarterly | 2018-03-16 |
2018-01-04 | $1.50 | quarterly | 2018-01-12 |
2017-11-10 | $0.10 | quarterly | 2017-11-20 |
2017-08-10 | $0.10 | quarterly | 2017-08-21 |
2017-05-11 | $0.10 | quarterly | 2017-05-22 |
2017-03-08 | $0.05 | quarterly | 2017-03-20 |
2016-11-16 | $0.05 | quarterly | 2016-11-28 |
2016-08-17 | $0.05 | quarterly | 2016-08-29 |
2012-12-10 | $0.25 | quarterly | 2012-12-21 |
2009-11-27 | $0.75 | quarterly | 2009-12-15 |
2008-03-18 | $1.00 | quarterly | 2008-04-02 |
Global Industrial Dividend per year
Global Industrial Dividend growth
Global Industrial Dividend Yield
Global Industrial current trailing twelve-month (TTM) dividend yield is 3.51%. Interested in purchasing Global Industrial stock? Use our calculator to estimate your expected dividend yield:
Global Industrial Financial Ratios
Global Industrial Dividend FAQ
Other factors to consider when evaluating Global Industrial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Global Industrial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Global Industrial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Global Industrial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Global Industrial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Global Industrial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Global Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Global Industrial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Global Industrial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Global Industrial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.