The Board of MSC Industrial Supply, based in Melville and Davidson, N.C., has approved a 75-cent-per-share dividend payable to shareholders of records as of Nov. 12.
The distributor of metalworking, maintenance, repair and operations supplies with a dual headquarters said the dividend is payable on Nov. 26.
The company, which opened a second headquarters as it grew its nationwide operations, provides more than 1.7 million products and has 6,500 employees.