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    Wesco Declares Quarterly Dividend on Common Stock and Preferred Stock

    12/2/24 4:45:00 PM ET
    $WCC
    Telecommunications Equipment
    Consumer Discretionary
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    PITTSBURGH, Dec. 2, 2024 /PRNewswire/ -- The Board of Directors of Wesco International (NYSE:WCC) today declared a quarterly cash dividend on all of the issued and outstanding shares of common stock, in an amount equal to $0.4125 per share. The dividend is payable on December 31, 2024 to the holders of record of the common stock at the close of business on December 13, 2024.

    Wesco International (PRNewsfoto/Wesco International)

    In addition, the Board of Directors declared cash dividends on the company's 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock for the period October 1, 2024 through December 31, 2024. The dividend is $664.0625 per preferred share, or $0.6640625 per depository share, and is payable on December 31, 2024 to holders of record at the close of business on December 13, 2024.

    About Wesco 

    Wesco International (NYSE:WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with $22 billion in annual sales and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry's premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, government agencies, educational institutions, telecommunications providers, and utilities. Wesco operates nearly 800 branches, warehouses and sales offices in more than 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

    Contact Information

    Investor Relations

    Will Ruthrauff

    Director, Investor Relations

    484-885-5648

    Corporate Communications

    Jennifer Sniderman

    Vice President, Corporate Communications

    717-579-6603

     

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/wesco-declares-quarterly-dividend-on-common-stock-and-preferred-stock-302319822.html

    SOURCE Wesco International

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    Q&A

    New
    • What is the amount of the quarterly cash dividend declared by Wesco International for its common stock?

      Wesco International has declared a quarterly cash dividend on its common stock amounting to $0.4125 per share.

    • When will the cash dividend on the common stock be paid?

      The dividend on the common stock is payable on December 31, 2024, to holders of record at the close of business on December 13, 2024.

    • What is the amount of the cash dividend declared for Wesco's 10.625% Series A Preferred Stock?

      Wesco International declared a cash dividend of $664.0625 per preferred share and $0.6640625 per depository share for its 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock.

    • When will the cash dividend on the preferred stock be paid?

      The declared preferred stock dividend is also payable on December 31, 2024, to holders of record at the close of business on December 13, 2024.

    • What is Wesco International's position in terms of company size and revenue?

      Wesco International is a FORTUNE 500 company based in Pittsburgh, Pennsylvania, with $22 billion in annual sales, providing distribution and supply chain solutions globally.

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