MELVILLE, N.Y. and DAVIDSON, N.C., June
23, 2015 /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 $0.40 per share. The $0.40 dividend is payable on July 28, 2015 to shareholders of record at the
close of business on July 14, 2015.
The ex-dividend date is July 10,
2015.
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 more than 70 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.
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 opening or 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.
www.mscdirect.com
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SOURCE MSC Industrial Supply Co.