W.W. Grainger, Inc. (GWW) To Go Ex-Dividend on August 10th

W.W. Grainger, Inc. (NYSE:GWW) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of 2.49 per share by the industrial products company on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, August 10th.

W.W. Grainger has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 55 consecutive years. W.W. Grainger has a payout ratio of 22.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect W.W. Grainger to earn $50.59 per share next year, which means the company should continue to be able to cover its $9.96 annual dividend with an expected future payout ratio of 19.7%.

W.W. Grainger Stock Performance

Shares of GWW opened at $1,277.63 on Friday. W.W. Grainger has a 52 week low of $906.52 and a 52 week high of $1,419.91. The company has a quick ratio of 1.60, a current ratio of 2.81 and a debt-to-equity ratio of 0.53. The stock has a market cap of $60.18 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 2.34 and a beta of 1.04. The business has a 50-day simple moving average of $1,342.22 and a two-hundred day simple moving average of $1,212.25.

W.W. Grainger (NYSE:GWW) last released its earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the firm posted $9.97 EPS. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. On average, analysts expect that W.W. Grainger will post 46 EPS for the current 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.