W.W. Grainger, Inc. (GWW) To Go Ex-Dividend on May 11th

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 0.9%. The ex-dividend date of this dividend 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 increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 55 years. W.W. Grainger has a dividend payout ratio of 20.3% 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 $9.04 annual dividend with an expected future payout ratio of 18.6%.

W.W. Grainger Trading Up 1.4%

Shares of W.W. Grainger stock opened at $1,161.24 on Friday. The company has a market capitalization of $54.96 billion, a P/E ratio of 32.81, a P/E/G ratio of 2.41 and a beta of 1.09. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.59 and a current ratio of 2.83. The company has a fifty day moving average of $1,118.39 and a 200 day moving average of $1,052.14. W.W. Grainger has a fifty-two week low of $906.52 and a fifty-two week high of $1,218.63.

W.W. Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $9.45 EPS for the quarter, missing the consensus estimate of $9.46 by ($0.01). The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.39 billion. W.W. Grainger had a net margin of 9.51% and a return on equity of 47.46%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the company earned $9.71 EPS. W.W. Grainger has set its FY 2026 guidance at 42.250-44.750 EPS. On average, sell-side analysts anticipate that W.W. Grainger will post 43.61 earnings per share for the current fiscal year.

About W.W. Grainger

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.