Wesco Declares Quarterly Dividend on Common Stock and Preferred Stock

PR Newswire

PITTSBURGH, Feb. 27, 2025

PITTSBURGH, Feb. 27, 2025 /PRNewswire/ -- The Board of Directors of Wesco International $(WCC)$ today declared a quarterly cash dividend on all of the issued and outstanding shares of common stock, in an amount equal to $0.45375 per share. The dividend is payable on March 31, 2025 to the holders of record of the common stock at the close of business on March 14, 2025.

In addition, the Board of Directors declared cash dividends on the company's 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock for the period January 1, 2025 through March 31, 2025. The dividend is $664.0625 per preferred share, or $0.6640625 per depository share, and is payable on March 31, 2025 to holders of record at the close of business on March 14, 2025.

About Wesco

Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500$(R)$ company with approximately $22 billion in annual sales in 2024 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry's premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

Contact Information:

Investor Relations

Will Ruthrauff

Director, Investor Relations

484-885-5648

Corporate Communications

Jennifer Sniderman

Vice President, Corporate Communications

717-579-6603

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SOURCE Wesco International

(END) Dow Jones Newswires

February 27, 2025 16:45 ET (21:45 GMT)