April 1, 2010 (FinancialWire) — MSC Industrial Direct Co. Inc.’s (NYSE: MSM) board has declared its regular quarterly cash dividend of $0.20 per share. The dividend is payable on April 27, 2010 to shareholders of record at the close of business on April 16, 2010.

New York-based MSC Industrial Direct is a direct marketer and distributor of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout the United States.

MSC said it distributes around 600,000 industrial products from around 3,000 suppliers to around 336,000 customers.

The company sends out direct-mail catalogs and CD-ROMs, and has 99 branch sales offices and 947 sales people. It also sells on the internet and via associations with B2B eCommerce portals.

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