dividend
confidence high
sentiment positive
materiality 0.70
Global Industrial declares $1.00 special dividend payable Dec 27, 2021
GLOBAL INDUSTRIAL Co
- Special cash dividend of $1.00 per share; record date Dec 17, 2021, payable Dec 27, 2021.
- Chairman Richard Leeds cites strong cash generation and balance sheet as basis for dividend.
- Company has paid over $580M in dividends to shareholders since 2017.
- Dividend expected to be treated as ordinary dividend for tax purposes.