Griffon Corporation (NYSE:GFF) will begin trading ex-dividend on November 24, 2020. The quarterly dividend payment of $ 0.08 per share is scheduled to be paid on December 17, 2020. The dividend yield based on the latest trading day closing price was 1.53 percent. Shareholders who purchased GFF shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Griffon Corporation recently reported fourth quarter financial results on November 12, 2020, after market close, the New York based company unfold income for the fourth quarter of $ 0.44 per share, from the revenue of $ 660.67 million. The quarterly earnings grew 10.00 percent while revenues escalated 15.07 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 610.75 million The top line results outshined analysts by $ 49.92 million or 8.17 percent.
Stock Performance
Shares of Griffon Corporation traded up $ 0.28 or 1.35 percent on Thursday, reaching $ 20.97 with volume of 288.50 thousand shares. Griffon Corporation has traded high as $ 21.07 and has cracked $ 20.62 on the downward trend
According to the previous trading day, closing price of $ 20.97, representing a 126.12 % increase from the 52 week low of $ 9.15 and a 24.85 % decrease over the 52 week high of $ 27.53.
The company has a market capital of $ 1.18 billion and is part of the Basic Materials sector and Building Materials industry.
Griffon Corporation, through its subsidiaries, engages in the home and building products, and defense electronics businesses primarily in the United States, Canada, Australia, the United Kingdom, Mexico, and China. The companys Home & Building Products segment manufactures and markets wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; residential and commercial garage doors to professional dealers and various home center retail chains; and rolling steel door and grille products designed for commercial, industrial, institutional, and retail uses, as well as long-handled tools and landscaping products for homeowners and professionals. Its Defense Electronics segment designs, develops, manufactures, and provides logistical support and lifecycle sustainment services; and intelligence, surveillance, and communications solutions to defense, aerospace, and commercial customers.
