Graco Increases Regular Quarterly Dividend by 9 Percent

December 9, 2016 at 11:13 AM EST

MINNEAPOLIS--(BUSINESS WIRE)--Dec. 9, 2016-- The Board of Directors of Graco Inc.(NYSE:GGG) has declared a regular quarterly dividend of 36 cents per common share, an increase of 9 percent, payable on February 1, 2017, to shareholders of record at the close of business on January 17, 2017. The Company has approximately 55.8 million shares outstanding.

Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, and construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.

Source: Graco Inc.

Graco Inc.
Christian Rothe, 612-623-6205
CFO & Treasurer
or
Media:
Charlotte Boyd, 612-623-6153
Charlotte_M_Boyd@graco.com