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Graco Increases Quarterly Dividend 7.8 Percent

Graco Increases Quarterly Dividend 7.8 Percent

By AP News
Published - Dec 06, 2024, 02:03 PM ET
Last Updated - Dec 16, 2024, 05:04 PM EST

MINNEAPOLIS--(BUSINESS WIRE)--Dec 6, 2024--

The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, an increase of 7.8 percent, payable on February 5, 2025, to shareholders of record at the close of business on January 20, 2025. The Company has approximately 169.3 million shares outstanding.

ABOUT GRACO

Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction, and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241206499093/en/

CONTACT: Investors: David M. Lowe, 612-623-6456

Media: Meredith Sobieck, 763-353-1498

Meredith_A_Sobieck@graco.com

KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MACHINERY OTHER MANUFACTURING MANUFACTURING

SOURCE: Graco Inc.

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