MSC Industrial Direct Co., Inc.
MSMIndustrials · Stock · quarterly payer
Forward Yield
2.85%
Annual Dividend
$3.48
Payout Ratio
84%
5-Yr Growth
2.7%
Ex-Date
Jul 8, 2026
Frequency
Quarterly
Summary
As of September 2026, MSC Industrial Direct Co., Inc. (MSM) yields 2.85% ($3.48 per share annually), with a blended fair-value estimate of $145.73 — +19% upside, so it screens as undervalued. Dividend safety grade: A (87/100). 4 years of dividend growth.
Is MSM a good dividend stock?
YesMSC Industrial Direct Co., Inc. (MSM) pays a quarterly dividend yielding 2.85% ($3.48/yr), with 4 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
- 45% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.85%
- Payout Ratio
- 84%
- Annual Dividend
- $3.48
- 5-Yr Avg Growth
- 2.7%
- Ex-Dividend Date
- Jul 8, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $6.8B
- P/E Ratio
- 29.4
- 5-Yr Total Return
- 45%
- 52-Week Range
- $78.80 – $130.46
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
Frequently Asked Questions
MSM Price — Last 12 Months
Daily close
Price Return
1 Year
+44%
3 Years
+29%
5 Years
+45%
52-Week Range
$78.80 – $130.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MSM worth?
Undervaluedmedium confidenceOur blended fair-value estimate for MSC Industrial Direct Co., Inc. is $145.73 per share, versus a market price of $122.21. That implies 19% of upside — a margin of safety of about 16%.
Fair Value
$145.73
Current Price
$122.21
Upside
+19%
Margin of Safety
16%
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 4.4% annual free-cash-flow growth. We model 14.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.4% discount rate (CAPM), 14.0% stage-1 growth, 2.5% terminal growth, $4.14 EPS, $3.48 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MSM 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 8, 2026 | — | $0.8700 | regular |
| Apr 8, 2026 | — | $0.8700 | regular |
| Jan 14, 2026 | — | $0.8700 | regular |
| Nov 12, 2025 | — | $0.8700 | regular |
| Jul 9, 2025 | — | $0.8500 | regular |
| Apr 9, 2025 | — | $0.8500 | regular |
| Jan 15, 2025 | — | $0.8500 | regular |
| Nov 13, 2024 | — | $0.8500 | regular |
| Jul 9, 2024 | — | $0.8300 | regular |
| Apr 8, 2024 | — | $0.8300 | regular |
| Jan 8, 2024 | — | $0.8300 | regular |
| Nov 13, 2023 | — | $0.8300 | regular |
| Jul 10, 2023 | — | $0.7900 | regular |
| Apr 10, 2023 | — | $0.7900 | regular |
Income Calculator
At $3.48 / yr per share
