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MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, and the United Kingdom. Its MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. The company offers approximately 1.9 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. It operates through a distribution network of 28 branch offices, 11 customer fulfilment centers, and seven regional inventory centers. The company serves individual machine shops, Fortune 1000 manufacturing companies, and government agencies, as well as manufacturers of various sizes. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.

MSC Industrial Direct Dividend Announcement

MSC Industrial Direct announced a quarterly dividend of $0.85 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-13
MSC Industrial Direct annual dividend for 2024 was $3.34
MSC Industrial Direct annual dividend for 2023 was $3.20
MSC Industrial Direct's trailing twelve-month (TTM) dividend yield is 4.12%
MSC Industrial Direct's payout ratio for the trailing twelve months (TTM) is 72.42%
MSC Industrial Direct's dividend growth over the last five years (2018-2023) was 6.19% year
MSC Industrial Direct's dividend growth over the last ten years (2013-2023) was 13.15% year

MSC Industrial Direct Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-13$0.85quarterly2024-11-27
2024-07-09$0.83quarterly2024-07-23
2024-04-08$0.83quarterly2024-04-23
2024-01-08$0.83quarterly2024-01-23
2023-11-13$0.83quarterly2023-11-28
2023-07-10$0.79quarterly2023-07-25
2023-04-10$0.79quarterly2023-04-25
2023-01-09$0.79quarterly2023-01-24
2022-11-14$0.79quarterly2022-11-29
2022-07-11$0.75quarterly2022-07-26
2022-04-11$0.75quarterly2022-04-26
2022-01-10$0.75quarterly2022-01-25
2021-11-15$0.75quarterly2021-11-30
2021-07-12$0.75quarterly2021-07-27
2021-04-12$0.75quarterly2021-04-27
2021-01-11$0.75quarterly2021-01-26
2020-11-30$3.50quarterly2020-12-15
2020-11-09$0.75quarterly2020-11-24
2020-07-13$0.75quarterly2020-07-28
2020-04-13$0.75quarterly2020-04-28
2020-01-21$5.75quarterly2020-02-05
2019-11-08$0.75quarterly2019-11-26
2019-07-22$0.75quarterly2019-08-06
2019-04-08$0.63quarterly2019-04-23
2019-01-07$0.63quarterly2019-01-22
2018-11-09$0.63quarterly2018-11-27
2018-07-09$0.58quarterly2018-07-24
2018-04-16$0.58quarterly2018-05-01
2018-01-12$0.58quarterly2018-01-30
2017-11-13$0.48quarterly2017-11-28
2017-07-14$0.45quarterly2017-08-01
2017-04-13$0.45quarterly2017-05-02
2017-01-20$0.45quarterly
2017-01-06$0.45quarterly2017-01-24
2016-11-10$0.45quarterly2016-11-29
2016-07-08$0.43quarterly2016-07-26
2016-04-08$0.43quarterly2016-04-26
2016-01-08$0.43quarterly2016-01-26
2015-11-06$0.43quarterly2015-11-24
2015-07-10$0.40quarterly2015-07-28
2015-04-10$0.40quarterly2015-04-28
2015-01-09$0.40quarterly2015-01-27
2014-11-14$3.00quarterly2014-11-26
2014-07-03$0.33quarterly2014-07-22
2014-04-11$0.33quarterly2014-04-22
2014-04-04$0.33quarterly2014-04-22
2014-01-10$0.33quarterly2014-01-28
2013-11-04$0.33quarterly2013-11-20
2013-07-05$0.30quarterly2013-07-23
2013-04-12$0.30quarterly2013-04-30

MSC Industrial Direct Dividend per year

MSC Industrial Direct Dividend growth

MSC Industrial Direct Dividend Yield

MSC Industrial Direct current trailing twelve-month (TTM) dividend yield is 4.12%. Interested in purchasing MSC Industrial Direct stock? Use our calculator to estimate your expected dividend yield:

MSC Industrial Direct Financial Ratios

P/E ratio17.46
PEG ratio-1.56
P/B ratio3.24
ROE18.57%
Payout ratio72.42%
Current ratio1.96
Quick ratio0.90
Cash Ratio0.05

MSC Industrial Direct Dividend FAQ

How much is the next MSC Industrial Direct dividend?
MSC Industrial Direct's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MSC Industrial Direct dividend. The next MSC Industrial Direct dividend will be released in January, April, July, or November.
When is MSC Industrial Direct dividend paid?
MSC Industrial Direct pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MSC Industrial Direct pay?
The specific amount of MSC Industrial Direct dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MSC Industrial Direct's dividend history.
Does MSC Industrial Direct stock pay dividends?
Yes, MSC Industrial Direct does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MSC Industrial Direct's dividend history.
How much dividend does MSC Industrial Direct pay?
MSC Industrial Direct paid $3.34 in 2024, $3.2 in 2023, $3.04 in 2022, $3.0 in 2021, and $11.5 in 2020.
How often does MSC Industrial Direct pay dividends?
MSC Industrial Direct typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and November.
What is MSC Industrial Direct's dividend yield?
The current dividend yield for MSC Industrial Direct is 4.12%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MSC Industrial Direct's exact dividend yield.
When does MSC Industrial Direct go ex dividend?
MSC Industrial Direct's ex-dividend date for the latest dividend was on 2024-11-13. MSC Industrial Direct typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MSC Industrial Direct dividend paid?
MSC Industrial Direct pays dividends on a quarterly basis, typically around January, April, July, or November, but the exact dates can vary each year.
Will MSC Industrial Direct increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MSC Industrial Direct will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MSC Industrial Direct dividend per share?
MSC Industrial Direct paid $3.34 per share in 2024 and $3.2 per share in 2023. The amount of dividend per share that MSC Industrial Direct pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MSC Industrial Direct a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MSC Industrial Direct a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MSC Industrial Direct a dividend stock?
Yes, MSC Industrial Direct is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MSC Industrial Direct a good dividend stock?
Whether MSC Industrial Direct is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MSC Industrial Direct has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MSC Industrial Direct 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.
Does MSC Industrial Direct pay dividends monthly?
MSC Industrial Direct typically pays dividends on a quarterly basis.
Does MSC Industrial Direct pay dividends quarterly?
MSC Industrial Direct currently pays dividends on a quarterly basis.
Has MSC Industrial Direct ever paid a dividend?
Yes, MSC Industrial Direct has a history of paying dividends to its shareholders. MSC Industrial Direct is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MSC Industrial Direct dividend stocks?
To buy MSC Industrial Direct you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy MSC Industrial Direct stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does MSC Industrial Direct pay dividends 2024?
MSC Industrial Direct pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MSC Industrial Direct increase its dividend in 2024?
Decisions regarding MSC Industrial Direct dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MSC Industrial Direct dividend overview you can look into the above table of dividend history.
How MSC Industrial Direct dividend works?
The MSC Industrial Direct dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MSC Industrial Direct's dividend process works:

1. Determination of Dividend: MSC Industrial Direct'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, MSC Industrial Direct 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, MSC Industrial Direct 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 MSC Industrial Direct 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.
How are MSC Industrial Direct dividends paid?
MSC Industrial Direct dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MSC Industrial Direct 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, MSC Industrial Direct distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MSC Industrial Direct 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.
How many times does MSC Industrial Direct pay dividends?
MSC Industrial Direct typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MSC Industrial Direct pay dividends?
The general pattern is that MSC Industrial Direct pays dividends around January, April, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MSC Industrial Direct dividend safe?
The safety of MSC Industrial Direct's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of MSC Industrial Direct'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 MSC Industrial Direct'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.