Dividends News: MSC Industrial To Pay 22 Cents
December 23, 2010 (FinancialWire) (http://www.financialwire.net/) — MSC Industrial Direct Co., Inc. (MSM – NYSE) said that its board of directors has declared its regular quarterly cash dividend of $0.22 per share. The dividend is payable on January 25, 2011 to shareholders of record at the close of business on January 11, 2011.
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 reaches its customers through a combination of around 22 million direct-mail catalogs, 96 branch sales offices, 973 sales people, the internet and associations with B2B eCommerce portals.
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