Graco Inc. Declares Upcoming Quarterly Dividend Payment
Graco Inc. Announces Regular Quarterly Dividend Payment
The Board of Directors at Graco Inc. has made an important announcement regarding its commitment to shareholders. They have declared a regular quarterly dividend of 25.5 cents per common share, which is equivalent to $0.255. This dividend demonstrates the company's ongoing dedication to returning value to its investors.
Details of the Dividend Declaration
The dividend payment is scheduled to be made on November 6, 2024, to those shareholders of record at the close of business on October 21, 2024. This timely payment reflects Graco's robust financial health and consistent performance in the market. Moreover, with approximately 168.8 million shares outstanding, the dividend is a noteworthy reflection of the company's strong earnings potential.
Overview of Graco Inc.
Graco Inc. is recognized as a leading innovator in the management of fluids and coatings across various industrial and commercial applications. Based in Minneapolis, the company prides itself on supplying advanced technology and expertise to enhance the efficiency of fluid management systems.
Core Services and Market Position
Graco designs, manufactures, and markets systems and equipment specifically tailored for the movement, measurement, control, dispensing, and spraying of fluid and powder materials. Their expertise in this field has positioned them as a key player in the manufacturing, processing, construction, and maintenance industries worldwide.
Commitment to Excellence
As a recognized leader in its specialties, Graco remains committed to delivering high-quality products and services to its customers globally. Their innovative solutions are designed to meet the unique demands of their diverse client base, ensuring satisfaction and reliability.
Future Outlook
The consistent dividend payments from Graco Inc. not only emphasize their stable financial position but also indicate future growth opportunities. Investors can look forward to the company continuing its trajectory of success while maintaining strong shareholder returns.
Frequently Asked Questions
What is the amount of the declared dividend by Graco?
The declared dividend is 25.5 cents, or $0.255, per common share.
When is the dividend payment scheduled?
The dividend payment is set for November 6, 2024.
Who will receive the dividend payment?
Shareholders of record as of October 21, 2024, will be eligible for the dividend payment.
What does Graco Inc. specialize in?
Graco Inc. specializes in technology and solutions for fluid and coating management in both industrial and commercial applications.
Where is Graco Inc. based?
Graco Inc. is based in Minneapolis, offering its products and services globally.
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