MELVILLE, N.Y. and DAVIDSON, N.C., March
31, 2016 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO.
(NYSE: MSM), "MSC" or the "Company," a premier
distributor of Metalworking and Maintenance, Repair and Operations
("MRO") supplies to industrial customers throughout North America, today announced that its Board
of Directors has declared a cash dividend of $0.43 per share. The $0.43 dividend is payable on April 26, 2016 to shareholders of record at the
close of business on April 12, 2016.
The ex-dividend date is April 8,
2016.
About MSC Industrial Supply Co. MSC Industrial Supply Co.
(NYSE:MSM) is a leading North American distributor of metalworking
and maintenance, repair, and operations (MRO) products and
services. We help our customers drive greater productivity,
profitability and growth with more than 1 million products,
inventory management and other supply chain solutions, and deep
expertise from 75 years of working with customers across
industries.
Our experienced team of over 6,500 associates is dedicated to
working side by side with our customers to help drive results for
their businesses - from keeping operations running efficiently
today to continuously rethinking, retooling, and optimizing for a
more productive tomorrow.
For more information on MSC, please
visit www.mscdirect.com.
Note Regarding Forward-Looking
Statements: Statements in this Press Release may
constitute "forward-looking statements" under the Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, that address activities, events
or developments that we expect, believe or anticipate will or may
occur in the future, including statements about expected future
results, expected benefits from our investment and strategic plans,
and expected future margins, are forward-looking statements.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
anticipated by these forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. The inclusion
of any statement in this release does not constitute an admission
by MSC or any other person that the events or circumstances
described in such statement are material. Factors that could cause
actual results to differ materially from those in forward-looking
statements include: problems with successfully integrating acquired
operations, unanticipated delays or costs associated with expanding
our customer fulfillment centers, current economic, political and
social conditions, changing customer and product mixes, financial
restrictions on outstanding borrowings, industry consolidation, the
loss of key suppliers or supply chain disruptions, competition,
general economic conditions in the markets in which we operate,
volatility in commodity and energy prices, credit risk of our
customers, risk of cancellation or rescheduling of orders, work
stoppages or other business interruptions (including those due to
extreme weather conditions) at transportation centers or shipping
ports, the risk of war, terrorism and similar hostilities,
dependence on our information systems and the risk of business
disruptions arising from changes to our information systems,
disruptions due to computer system or network failures, computer
viruses, physical or electronics break-ins and cyber-attacks,
dependence on key personnel, goodwill and intangible assets
recorded as a result of our acquisitions could be impaired,
disclosing our use of "conflict minerals" in certain of the
products we distribute could raise reputational and other risks,
and the outcome of potential government or regulatory proceedings
or future litigation relating to pending or future claims,
inquiries or audits. Additional information concerning these and
other risks is described under "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in the reports on Forms 10-K and 10-Q that we file with
the U.S. Securities and Exchange Commission. We assume no
obligation to update any of these forward-looking statements.
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visit:http://www.prnewswire.com/news-releases/msc-declares-regular-quarterly-dividend-300244310.html
SOURCE MSC Industrial Supply Co.