Looking at the universe of stocks we cover at Dividend Channel, on 1/10/22, MSC Industrial Direct Co Inc (Symbol: MSM) will trade ex-dividend, for its quarterly dividend of $0.75, payable on 1/25/22. As a percentage of MSM’s recent stock price of $84.01, this dividend works out to approximately 0.89%, so look for shares of MSC Industrial Direct Co Inc to trade 0.89% lower — all else being equal — when MSM shares open for trading on 1/10/22.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MSM is likely to continue, and whether the current estimated yield of 3.57% on annualized basis is a reasonable expectation of annual yield going forward.

The chart below shows the one year performance of MSM shares, versus its 200 day moving average:

Looking at the chart above, MSM’s low point in its 52 week range is $77.47 per share, with $96.23 as the 52 week high point — that compares with a last trade of $84.03.

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In Thursday trading, MSC Industrial Direct Co Inc shares are currently up about 0.3% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.