Global Industrial Company
GICIndustrials · Industrial Distribution · Stock · quarterly payer
Forward Yield
2.49%
Annual Dividend
$1.10
Payout Ratio
49%
5-Yr Growth
13.2%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Key facts about GIC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Global Industrial Company (GIC) has a forward dividend yield of 2.49%, based on an annual dividend of $1.10 per share and a share price of $44.15.
- As of Oct 18, 2026, GIC's dividend safety grade from SmarterDividends is A (84 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Global Industrial Company (GIC) has raised its dividend for 9 consecutive years as of Oct 18, 2026.
- GIC has never cut its regular dividend in the payment history SmarterDividends has on record.
- GIC's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.28 per share.
- As of Oct 18, 2026, GIC pays out 49% of its trailing 12-month earnings as dividends (its payout ratio).
- GIC's dividend has grown at an average rate of 13.2% a year over the past five years.
- As of Oct 18, 2026, GIC's 2.49% yield is 21% below its five-year average yield of 3.14%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GIC is $25.63 per share, 42% below the $44.15 share price, so GIC screens as overvalued.
- Global Industrial Company (GIC) pays its dividend quarterly, 4 times a year.
- Global Industrial Company (GIC) has raised its regular dividend 10 times and cut it 1 time across the 50 payments on record since 2007. Its most recent change was a 7.7% increase to $0.280 per share, going ex-dividend on Mar 9, 2026. The last cut went ex-dividend on Nov 27, 2009.
Cite this page
SmarterDividends, "GIC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GIC
Summary
As of Oct 18, 2026, Global Industrial Company (GIC) yields 2.49% ($1.10 a year per share), has a dividend safety grade of A (84/100) and has 9 consecutive years of dividend increases on record.
Is GIC a good dividend stock?
YesGlobal Industrial Company (GIC) pays a quarterly dividend yielding 2.49% ($1.10/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (49%)
- Strong 13.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.49%
- Payout Ratio
- 49%
- Annual Dividend
- $1.10
- 5-Yr Avg Growth
- 13.2%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 9
- Frequency
- quarterly
- Beta
- 0.76
- Market Cap
- $1.7B
- P/E Ratio
- 20.0
- 5-Yr Total Return
- 10%
- 52-Week Range
- $26.40 – $44.73
- Dividend Safety
- A · 84/100
- Ever Cut?
- No
GIC dividend raises and cuts
Global Industrial Company (GIC) has raised its regular dividend 10 times and cut it 1 time across the 50 payments on record since 2007. Its most recent change was a 7.7% increase to $0.280 per share, going ex-dividend on Mar 9, 2026. The last cut went ex-dividend on Nov 27, 2009.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 9, 2026 | Raise | $0.260 → $0.280 | +7.7% |
| Mar 10, 2025 | Raise | $0.250 → $0.260 | +4.0% |
| Mar 8, 2024 | Raise | $0.200 → $0.250 | +25.0% |
| Mar 3, 2023 | Raise | $0.180 → $0.200 | +11.1% |
| Feb 25, 2022 | Raise | $0.160 → $0.180 | +12.5% |
| Mar 5, 2021 | Raise | $0.140 → $0.160 | +14.3% |
| May 8, 2020 | Raise | $0.120 → $0.140 | +16.7% |
| Mar 8, 2019 | Raise | $0.110 → $0.120 | +9.1% |
| Mar 8, 2018 | Raise | $0.100 → $0.110 | +10.0% |
| May 11, 2017 | Raise | $0.0500 → $0.100 | +100.0% |
| Nov 27, 2009 | Cut | $1.00 → $0.750 | −25.0% |
Frequently Asked Questions
Is GIC a good dividend stock?
Yes. Global Industrial Company (GIC) pays a quarterly dividend yielding 2.49% ($1.10/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is GIC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GIC's fair value is about $25.63 versus a $44.15 share price — so it looks overvalued (-42% vs. fair value).
Is GIC's dividend safe?
GIC has a dividend-safety grade of A (84/100), based on its payout coverage, free-cash-flow, 9-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is GIC's fair value?
Our blended fair-value estimate for GIC is about $25.63 per share, about 42% below the current $44.15 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is GIC a buy, hold, or sell?
We don't issue formal ratings, but on the data GIC screens as "yes" and overvalued. Global Industrial Company (GIC) pays a quarterly dividend yielding 2.49% ($1.10/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will GIC cut its dividend?
GIC earns a dividend-safety grade of A (84/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does GIC pay a dividend?
Yes. Global Industrial Company pays a quarterly dividend of about $1.10 per share annually, a forward yield of roughly 2.49%.
What is GIC's dividend yield?
As of Oct 18, 2026, GIC's forward dividend yield is 2.49%, based on a $1.10 annual dividend and a $44.15 share price.
What is GIC's dividend per share?
As of Oct 18, 2026, GIC pays $1.10 per share per year, distributed on a quarterly basis.
What is GIC's dividend payout ratio?
As of Oct 18, 2026, GIC's payout ratio is 49% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has GIC grown its dividend?
As of Oct 18, 2026, GIC has increased its dividend for 9 consecutive years.
When is the next GIC ex-dividend date?
As of Oct 18, 2026, GIC's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.28 per share.
GIC Price — Last 12 Months
Daily close
Price Return
1 Year
+54%
3 Years
+24%
5 Years
+10%
52-Week Range
$26.40 – $44.73
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GIC worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Global Industrial Company is $25.63 per share, versus a market price of $44.15. That implies 42% of downside.
Fair Value
$25.63
Current Price
$44.15
Downside
-42%
Margin of Safety
-72%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 5.8% annual free-cash-flow growth. We model 0.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.1% discount rate (CAPM), 0.9% growth for five years fading to 2.5% over the next five, $2.21 EPS, $1.10 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GIC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full GIC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | Aug 24, 2026 | $0.2800 | regular |
| May 18, 2026 | May 26, 2026 | $0.2800 | regular |
| Mar 9, 2026 | Mar 16, 2026 | $0.2800 | regular |
| Nov 10, 2025 | Nov 17, 2025 | $0.2600 | regular |
| Aug 11, 2025 | Aug 18, 2025 | $0.2600 | regular |
| May 12, 2025 | May 19, 2025 | $0.2600 | regular |
| Mar 10, 2025 | Mar 17, 2025 | $0.2600 | regular |
| Nov 8, 2024 | Nov 18, 2024 | $0.2500 | regular |
| Aug 12, 2024 | Aug 19, 2024 | $0.2500 | regular |
| May 10, 2024 | May 20, 2024 | $0.2500 | regular |
| Mar 8, 2024 | Mar 18, 2024 | $0.2500 | regular |
| Nov 10, 2023 | Nov 20, 2023 | $0.2000 | regular |
| Aug 11, 2023 | Aug 21, 2023 | $0.2000 | regular |
| May 12, 2023 | May 22, 2023 | $0.2000 | regular |
Income Calculator
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