Graham Holdings Company (NYSE:GHC – Get Free Report) declared a quarterly dividend on Thursday, January 15th. Shareholders of record on Wednesday, February 4th will be paid a dividend of 1.88 per share on Thursday, February 19th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, February 4th. This is a 4.4% increase from Graham’s previous quarterly dividend of $1.80.
Graham has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 10 consecutive years. Graham has a dividend payout ratio of 11.1% meaning its dividend is sufficiently covered by earnings.
Graham Trading Down 0.6%
NYSE GHC opened at $1,142.17 on Friday. Graham has a 12 month low of $875.60 and a 12 month high of $1,200.00. The company has a current ratio of 1.32, a quick ratio of 1.14 and a debt-to-equity ratio of 0.07. The stock’s fifty day moving average price is $1,101.30 and its 200-day moving average price is $1,058.23. The stock has a market cap of $4.98 billion, a P/E ratio of 6.83 and a beta of 0.75.
Hedge Funds Weigh In On Graham
Several hedge funds and other institutional investors have recently modified their holdings of the company. Cresset Asset Management LLC raised its position in shares of Graham by 312.1% during the second quarter. Cresset Asset Management LLC now owns 2,580 shares of the company’s stock valued at $2,442,000 after buying an additional 1,954 shares during the last quarter. Voya Investment Management LLC grew its stake in Graham by 29.3% during the first quarter. Voya Investment Management LLC now owns 5,261 shares of the company’s stock valued at $5,055,000 after acquiring an additional 1,192 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in Graham in the 2nd quarter valued at $355,000. Corient Private Wealth LLC lifted its stake in Graham by 109.2% in the 2nd quarter. Corient Private Wealth LLC now owns 1,908 shares of the company’s stock worth $1,805,000 after purchasing an additional 996 shares in the last quarter. Finally, Citizens Financial Group Inc. RI purchased a new stake in Graham in the 3rd quarter worth $1,449,000. 93.16% of the stock is owned by institutional investors.
About Graham
Graham Corporation is a U.S.-based industrial equipment manufacturer specializing in the design and production of vacuum and heat transfer systems. The company’s core offerings include vacuum pumps, exhausters, and energy recovery turbines, as well as steam surface condensers and specialized heat exchangers. These products are engineered to support critical processes in industries that require controlled environments and efficient thermal management.
In addition to its standard product lines, Graham Corporation provides aftermarket services such as equipment installation, field maintenance, performance testing, and spare parts supply.
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