W.W. Grainger, Inc.
GWW40 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
0.78%
Annual Dividend
$9.96
Payout Ratio
24%
5-Yr Growth
8.3%
Ex-Date
Aug 10, 2026
Frequency
Quarterly
Summary
As of September 2026, W.W. Grainger, Inc. (GWW) yields 0.78% ($9.96 per share annually), with a blended fair-value estimate of $731.76 — -44% downside, so it screens as overvalued. Dividend safety grade: A (97/100). 40 years of dividend growth.
Is GWW a good dividend stock?
YesW.W. Grainger, Inc. (GWW) pays a quarterly dividend yielding 0.78% ($9.96/yr), with 40 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
- Dividend Aristocrat — 40 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (24%)
- Strong 8.3% 5-yr dividend growth
- 232% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.78%
- Payout Ratio
- 24%
- Annual Dividend
- $9.96
- 5-Yr Avg Growth
- 8.3%
- Ex-Dividend Date
- Aug 10, 2026
- Years of Growth
- 40
- Frequency
- quarterly
- Beta
- 1.05
- Market Cap
- $61.8B
- P/E Ratio
- 32.8
- 5-Yr Total Return
- 232%
- 52-Week Range
- $906.52 – $1,419.91
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
GWW Price — Last 12 Months
Daily close
Price Return
1 Year
+37%
3 Years
+89%
5 Years
+232%
52-Week Range
$906.52 – $1,419.91
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GWW worth?
Overvaluedmedium confidenceOur blended fair-value estimate for W.W. Grainger, Inc. is $731.76 per share, versus a market price of $1,306.30. That implies 44% of downside.
Fair Value
$731.76
Current Price
$1,306.30
Downside
-44%
Margin of Safety
-79%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 40.0% annual free-cash-flow growth. We model 9.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.5% discount rate (CAPM), 9.8% stage-1 growth, 2.5% terminal growth, $38.80 EPS, $9.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GWW 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 |
|---|---|---|---|
| Aug 10, 2026 | — | $2.4900 | regular |
| May 11, 2026 | — | $2.4900 | regular |
| Feb 9, 2026 | — | $2.2600 | regular |
| Nov 10, 2025 | — | $2.2600 | regular |
| Aug 11, 2025 | — | $2.2600 | regular |
| May 12, 2025 | — | $2.2600 | regular |
| Feb 10, 2025 | — | $2.0500 | regular |
| Nov 8, 2024 | — | $2.0500 | regular |
| Aug 12, 2024 | — | $2.0500 | regular |
| May 10, 2024 | — | $2.0500 | regular |
| Feb 9, 2024 | — | $1.8600 | regular |
| Nov 10, 2023 | — | $1.8600 | regular |
| Aug 11, 2023 | — | $1.8600 | regular |
| May 5, 2023 | — | $1.8600 | regular |
Income Calculator
At $9.96 / yr per share
