secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2021-12-07T23:59:59+00:00
Accession:  0000945114-21-000071
Event type: dividend
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Industrial declares $1.00 special dividend payable Dec 27, 2021
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511421000071/0000945114-21-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511421000071/gic-20211207.htm
  HTML page:      https://secwatch.observer/filing/0000945114-21-000071

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