U.S. Markets closed

Ex-Dividend Alert: MSC Industrial Direct Raised its Dividend by 21%; Will Trade Ex-Dividend on January 12, 2018

LONDON, UK / ACCESSWIRE / January 11, 2018 / Active-Investors has a free review on MSC Industrial Direct Co., Inc. (NYSE: MSM) ("MSC Industrial") following the Company's announcement that it will begin trading ex-dividend on January 12, 2018. To capture the dividend payout, investors are required to purchase the stock a day prior to the ex-dividend date, that is by latest at the end of trading session on January 11, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on MSM:


If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:


Dividend Declared

On January 03, 2018, MSC Industrial announced that its Board of Directors has declared a cash dividend of $0.58 per share, representing a 21% increase from the previous regular quarterly dividend of $0.48 per share. The $0.58 dividend is payable on January 30, 2018, to shareholders of record at the close of business on January 16, 2018.

MSC Industrial's indicated dividend represents a yield of 2.36%, which is substantially above the average dividend yield of 1.84% for the Services sector. MSC Industrial has raised dividend for seven consecutive years.

Dividend Insight

MSC Industrial has a dividend payout ratio of 52.1%, which indicates that the Company spends approximately $0.52 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, MSC Industrial is forecasted to report earnings of $5.06 per share for the next year, which is more than double compared to the Company's annualized dividend of $2.32 per share.

As of September 02, 2017, MSC Industrial's cash and cash equivalents totaled $16.08 million compared to cash of $52.89 million as on September 03, 2017. For the fiscal year ended September 02, 2017, the Company's cash provided by operating activities totaled $246.84 million compared to $401.10 million for the year ago same period. The Company's strong financial position indicates the ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Earnings Announcement

On December 06, 2017, MSC Industrial announced that the Company's conference call to review its 2018 fiscal first quarter results as well as its current operations, will be broadcast on January 10, 2018, at 8:30 a.m. Eastern Time.

About MSC Industrial

MSC Industrial is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. The Company helps its customers drive greater productivity, profitability and growth with more than 1.5 million products, inventory management and other supply chain solutions, and deep expertise from over 75 years of working with customers across industries.

Stock Performance Snapshot

January 10, 2018 - At Wednesday's closing bell, MSC Industrial's stock dropped 5.29%, ending the trading session at $92.53.

Volume traded for the day: 2.55 million shares, which was above the 3-month average volume of 518.00 thousand shares.

Stock performance in the last month – up 2.24%; previous three-month period – up 23.03%; past six-month period – up 23.74%; last twelve-month period – up 0.39%

After yesterday's close, MSC Industrial's market cap was at $5.28 billion.

Price to Earnings (P/E) ratio was at 22.88.

The stock has a dividend yield of 2.08%.

The stock is part of the Services sector, categorized under the Industrial Equipment Wholesale industry.


Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors