W.W. Grainger, Inc. (GWW) said Wednesday that its board of directors voted to raise the quarterly cash dividend by 21% to $0.80 per share payable on June 1 to shareholders of record on May 14.
Grainger has provided 41 consecutive years of increased dividends, a record that only 3 percent of companies in the S&P 500 can claim.
Separately, the company said that its shareholders re-elected 12 directors at the company's annual meeting.
Shareholders also ratified the appointment of Ernst & Young LLP as independent auditor for the year 2012.
Relative to Say on Pay, shareholders voted in favor of the advisory resolution on executive compensation.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.