W.W. Grainger, Inc. (GWW) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
GWW Dividend Income Check
Safety
27.4% payout ratio with sustainable safety profile.
Consistency
40 straight years of dividend increases.
Income Trend
Yield on cost is 2.2% and trend is rising.
GWW Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
GWW Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
GWW Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
W.W. Grainger, Inc. distributes 27.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 35.1%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
GWW has raised its dividend for 40 consecutive years, with a 3-year CAGR of 9.2% and 5-year CAGR of 8.3%.
Total Shareholder Returns
Beyond cash dividends, GWW returns capital through share repurchases. The combined picture: 0.8% dividend yield, 1.9% buyback yield, 2.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.2% and is currently rising. The 5-year total return is 163.2%, with dividends contributing 8.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $53,076 today.
GWW Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 9, 2026Latest | $2.2600 | — | 75.96% | Mar 1, 2026 |
| Nov 10, 2025 | $2.2600 | — | 92.95% | Dec 1, 2025 |
| Aug 11, 2025 | $2.2600 | — | 91.73% | Sep 1, 2025 |
| May 12, 2025 | $2.2600 | ↑ +10.2% | 78.79% | Jun 1, 2025 |
| Feb 10, 2025 | $2.0500 | — | 78.96% | Mar 1, 2025 |
| Nov 8, 2024 | $2.0500 | — | 66.62% | Dec 1, 2024 |
| Aug 12, 2024 | $2.0500 | — | 81.51% | Sep 1, 2024 |
| May 10, 2024 | $2.0500 | ↑ +10.2% | 79.59% | Jun 1, 2024 |
GWW Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $55.6B | 0.8% | 27.4% | 40 | Sustainable | |
2nd | $5.9B | 3.2% | 95.1% | 4 | At Risk |
| $51.3B | 2.0% | 79.8% | 1 | Watch | |
| $2.8B | 0.0% | — | 4 | Unknown | |
3rd | $17.6B | 2.9% | 95.3% | 12 | At Risk |
1st | $14.7B | 3.8% | 8.6% | 37 | Sustainable |
| $11.7B | 0.5% | 16.2% | 15 | Sustainable | |
| $4.2B | 1.8% | 55.2% | 22 | Sustainable |
GWW Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.26 | — | 1 | — | — | — | 0.6% |
| 2025 | $8.83 | 10.2% | 4 | $35.40 | 24.9% | 4.01x | 2.2% |
| 2024 | $8.01 | 9.7% | 4 | $38.71 | 20.7% | 4.83x | 2.0% |
| 2023 | $7.30 | 7.7% | 4 | $36.51 | 20.0% | 5.00x | 1.9% |
| 2022 | $6.78 | 6.1% | 4 | $30.27 | 22.4% | 4.46x | 1.7% |
| 2021 | $6.39 | 7.6% | 4 | $19.98 | 32.0% | 3.13x | 1.6% |
| 2020 | $5.94 | 4.6% | 4 | $12.94 | 45.9% | 2.18x | 1.5% |
| 2019 | $5.68 | 6.0% | 4 | $15.46 | 36.7% | 2.72x | 1.4% |
| 2018 | $5.36 | 5.9% | 4 | $13.83 | 38.8% | 2.58x | 1.4% |
| 2017 | $5.06 | 4.8% | 4 | $10.02 | 50.5% | 1.98x | 1.3% |
Full GWW Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See GWW's True Return
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Start ComparisonGWW — Frequently Asked Questions
Quick answers to the most common questions about buying GWW stock.
How much dividend does GWW pay per share?
W.W. Grainger, Inc. (GWW) pays a trailing 12-month dividend of $9.73 per share, with a current dividend yield of +0.8%. Payments are made Annual.
When is GWW's next ex-dividend date?
GWW's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. GWW typically pays dividends Annual.
Is GWW's dividend safe?
GWW's dividend safety is rated "Sustainable" based on an earnings payout ratio of +27.4% and FCF payout ratio of +35.1%. With 40 consecutive years of dividend growth, the track record supports sustainability.
Is GWW a Dividend Aristocrat?
Yes, W.W. Grainger, Inc. is classified as a Dividend Aristocrat with 40 consecutive years of dividend increases. The 5-year dividend CAGR is +8.3%, demonstrating above-inflation dividend growth.
How often does GWW pay dividends?
W.W. Grainger, Inc. pays dividends Annual. The trailing 12-month total is $9.73 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in GWW grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in GWW five years ago would be worth approximately $26,316 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is GWW's yield on cost for long-term holders?
GWW's yield on cost — the current dividend divided by the original purchase price — is +2.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.8% market yield, thanks to consistent dividend growth.