Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  W W Grainger Inc    GWW

News SummaryMost relevantAll newsSector newsTweets 

W.W. Grainger, Inc. : WW Grainger Raises Quarterly Dividend 21%

share with twitter share with LinkedIn share with facebook
share via e-mail
04/25/2012 | 05:56pm CET

W.W. Grainger Inc. (GWW) raised its quarterly dividend by 21% as the industrial-goods supplier looks to increase shareholder value.

The increase, of 14 cents, brings the company's quarterly payout to 80 cents a share and marks its 41st consecutive year of increased dividends. Grainger said the increase will cost about $39.3 million more a year.

"We are committed to providing top quartile returns to our investors, and our dividend is an important and consistent part of the equation," said Chairman and Chief Executive Jim Ryan.

Grainger, which offers goods ranging from lighting to janitorial products, has posted double-digit percentage earnings growth in recent quarters, amid demand from businesses and institutions trying to consolidate suppliers. The company, which is sometimes seen as a bellwether for the national economy because of the breadth of its offerings, has recently seen its stock rise as investors see Grainger benefiting from the surprise resurgence of U.S. manufacturing.

Last week, Grainger reported its first-quarter earnings jumped 19%, driven by stronger volume and a boost from its acquisitions.

Shares were up by 2.1% to $208.36 in recent trading. The stock is up 40% over the past 12 months.

-By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; nathalie.tadena@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on W W GRAINGER INC
03/14 W W GRAINGER : Grainger Adds Expanded Soft-Toe, Slip-Resistant Line to Online Sa..
03/13 W W GRAINGER : Grainger Adds Cutting Tool Reconditioning to Metalworking Solutio..
03/09 GRAINGER W W INC : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Ye..
03/08 W W GRAINGER : Grainger Named Among Fortune's 2017 World's Most Admired Companie..
03/01 GRAINGER W W INC : Management's Discussion and Analysis of Financial Condition a..
02/27 W W GRAINGER : Grainger Brings Industry Expertise to its Online Knowledge Center
02/24 W W GRAINGER : Supply company considering $272M project to open distribution cen..
02/24 Metropolitan Life Insurance Co. NY Cuts Position in W.W. Grainger, Inc.
02/21 W W GRAINGER : Ten Directors Slated For Grainger's Board To Be Voted On At The C..
02/20 W W GRAINGER : Grainger To Present At Upcoming Investor Conferences
More news
Sector news : Industrial Machinery & Equipment - NEC
03/03 Exclusive - Japan's Toshiba prepares $2 billion sale of Landis+Gyr - sources
03/03 EXCLUSIVE : Japan's Toshiba prepares $2 billion sale of Landis+Gyr - sources
02/22 Weir hurt by weak oil prices while peer Petrofac sees order uptick
02/08DJINGERSOLL RAND : Files 8K - Regulation FD
02/02DJPARKER HANNIFIN : Boosts Earnings Guidance as Profit Rises
More sector news : Industrial Machinery & Equipment - NEC
News from SeekingAlpha
03/21 Selling Or Trimming Reasons Within My 86 Stock Portfolio
03/18 DIVIDEND CHAMPIONS : 12 Increases Expected By May 31
03/15 10 Rules To Invest In Equities Like A Real Estate Mogul
03/02 Can 20 Financial Ratios Be Used To Find Dividend Growth Companies That Outper..
03/01 PORTFOLIO UPDATE : Something Old, Something New, Nothing Borrowed, But Oh, Was I..
Financials ($)
Sales 2017 10 501 M
EBIT 2017 1 261 M
Net income 2017 705 M
Debt 2017 2 069 M
Yield 2017 2,11%
P/E ratio 2017 20,22
P/E ratio 2018 18,08
EV / Sales 2017 1,54x
EV / Sales 2018 1,46x
Capitalization 14 093 M
More Financials
Duration : Period :
W W Grainger Inc Technical Analysis Chart | GWW | US3848021040 | 4-Traders
Full-screen chart
Technical analysis trends W W GRAINGER INC
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 22
Average target price 245 $
Spread / Average Target 1,9%
Consensus details
EPS Revisions
More Estimates Revisions
Donald G. Macpherson Chief Executive Officer & Director
James T. Ryan Chairman & President
Ronald L. Jadin Chief Financial Officer & Senior Vice President
James D. Slavik Independent Director
Brian P. Anderson Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
W W GRAINGER INC3.34%14 093
FANUC CORP14.43%41 467
ATLAS COPCO AB8.97%40 644
More Results