By Colin Kellaher
W.W. Grainger's board has raised the company's quarterly dividend by 10%, to $2.49 from $2.26.
The new payout, equal to $9.96 a year, represents an annual yield of about 0.87% based on Wednesday's trading price of $1,143, up from 0.79%.
The Lake Forest, Ill., distributor of maintenance, repair and operating products and services said the increased dividend is payable June 1 to shareholders of record May 11.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 29, 2026 11:47 ET (15:47 GMT)
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