Wesco International Raises Quarterly Dividend

Dow Jones

Feb 28, 2025

By Stephen Nakrosis

Wesco International said its board declared a quarterly cash dividend of 45.375 cents a share, which will be payable on March 31 to shareholders of record at the close of business on March 14.

On an annual basis, the dividend will pay $1.815 per share. Earlier this month, the provider of business-to-business distribution, logistics and supply chain solutions said it planned to raise its dividend to $1.82 annually.

Based on the closing share price of $179.82 on Thursday, Wesco's increased dividend represents a yield of about 1%.

Wesco last raised its dividend, to 41.25 cents a share, in February 2024.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

February 27, 2025 18:45 ET (23:45 GMT)

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Earlier this month, the provider of business-to-business distribution, logistics and supply chain solutions said it planned to raise its dividend to $1.82 annually. \n\n\n  Based on the closing share price of $179.82 on Thursday, Wesco's increased dividend represents a yield of about 1%. \n\n\n  Wesco last raised its dividend, to 41.25 cents a share, in February 2024. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2025 18:45 ET (23:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}