McGill Handheld Hanger Hole Punch, Punch Out Dimension: 1 x 5/16 Inches, Metal, Black/Red (MCG16200) Heavy-duty punch that punches out the pattern for standard peg hook and slot pegs for retail merchandising Ergonomically designed, all-metal construction with soft-grip vinyl handgrips Punches paper, cardstock, laminated items, corrugated cardboard and much more Indispensable for retail packaging consultants, marketing professionals, retailers and more Punch out dimension is 1 x 5/16 inch retail standard; 1/4 inch reach from edge of paper