LONDON, UK / ACCESSWIRE / August 9, 2017 / Pro-Trader Daily takes a closer look at W.W. Grainger, Inc. (NYSE: GWW) as the Company's stock will begin trading ex-dividend on August 10, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on August 09, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on GWW. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=GWW

Dividend Declared

On July 26, 2017, W.W. Grainger's Board of Directors declared a cash dividend of $1.28 per share payable on September 01, 2017, to shareholders of record on August 14, 2017.

W.W. Grainger's indicated dividend represents a yield of 3.04%, substantially higher compared with the average dividend yield for the Services sector of 2.00%. The Company is a dividend Aristocrat and has raised its dividend for 46th consecutive year.

Dividend Insights

W.W. Grainger has a dividend payout ratio of 49.1%, which indicates that the Company distributes approximately $0.49 for every $1.00 earned. The dividend payout ratio reflects how much money 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, W.W. Grainger is forecasted to report earnings of $10.96 for the upcoming year which is more than two times the Company's annualized dividend of $5.12.

W.W. Grainger?s operating cash flow was $191 million in Q2 2017 versus $182 million in Q2 2016. In Q2 2017, Grainger returned $234 million to shareholders through $80 million in dividends and $154 million to buy back 780,000 shares of stock. As of June 30, 2017, W.W. Grainger had cash and cash equivalents worth $275.07 million, while its current assets totaled $3.19 billion and current liabilities were $1.41 billion. The Company's strong financial position indicates the Company's ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development about W.W. Grainger

On August 02, 2017, Stu Levenick, W.W. Grainger's Lead Director of the Board, announced that upon the retirement of Jim Ryan, the Board's Chairman, the Board of Directors has named DG Macpherson, W.W. Grainger's CEO, to assume the additional role of Chairman of the Board, effective October 01, 2017. Macpherson's appointment to Chairman is part of the succession plan highlighted in August 2016, when Macpherson was named CEO.

Macpherson joined W.W. Grainger in 2008 after working on behalf of W.W. Grainger for six years as a partner and managing director at Boston Consulting Group. Since joining W.W. Grainger, Macpherson has been instrumental in the Company's success. His accomplishments include developing the Company's strategy; overseeing the launch of its US single channel business, Zoro; building the Company's supply chain capabilities globally and realigning the US business to create greater value for customers of all sizes. Macpherson holds a bachelor's degree from Stanford University and an MBA from Northwestern's Kellogg Graduate School of Management.

Stock Performance

On Tuesday, August 08, 2017, W.W. Grainger's stock closed the trading session at $164.59, dropping 1.67% from its previous closing price of $167.39. A total volume of 685.76 thousand shares were exchanged during the session. Shares of the Company have a PE ratio of 18.94 and have a dividend yield of 3.11%. The stock currently has a market cap of $9.45 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) 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. PRO-TD 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.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

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 contact@protraderdaily.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 PRO-TD. PRO-TD 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.

NO WARRANTY

PRO-TD, 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. PRO-TD, 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, PRO-TD, 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.

NOT AN OFFERING

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 PRO-TD 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://protraderdaily.com/disclaimer/.

CONTACT

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: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

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

SOURCE: Pro-Trader Daily