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W.W. Grainger Boosts Quarterly Dividend

W.W. Grainger, Inc. (GWW) announced that its board of directors voted to raise the quarterly cash dividend by 16 percent to $0.93 per share payable on June 1, 2013, to shareholders of record on May 13, 2013.

Grainger has provided 42 consecutive years of increased dividends, a record that only 3 percent of companies in the S&P 500 can claim.

by RTTNews Staff Writer

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