Should You Buy Greenhill & Co., Inc. ($GHL) Before Its Ex-Dividend Tomorrow?

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Greenhill & Co., Inc. (NYSE:GHL) will begin trading ex-dividend on September 1, 2020. The quarterly dividend payment of $ 0.05 per share is scheduled to be paid on September 16, 2020. The dividend yield based on the latest trading day closing price was 1.77 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..

Dividends History
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Click Here For More Historical Dividends Of Greenhill & Co., Inc.

Greenhill & Co., Inc. recently reported second quarter financial results on July 23, 2020, after market close, the New York based company recorded loss for the second quarter of $ 0.79 per share, from the revenue of $ 47.79 million. The quarterly revenues contracted 14.78 percent compared with the same quarter last year. According to street consensus, GHL was expected to report 2Q20 loss of $ 0.31 per share from revenue of $ 53.85 million. The bottom line results missed street analysts by $ 0.48 or 154.84 percent, at the same time, top line results fell short of analysts by $ 6.06 million or 11.25 percent.

Stock Performance

Shares of Greenhill & Co., Inc. traded up $ 0.07 or 0.62 percent on Friday, reaching $ 11.29 with volume of 120.50 thousand shares. Greenhill & Co., Inc. has traded high as $ 11.43 and has cracked $ 11.11 on the downward trend

According to the previous trading day, closing price of $ 11.29, representing a 54.12 % increase from the 52 week low of $ 7.28 and a 51.39 % decrease over the 52 week high of $ 23.08.

The company has a market capital of $ 214.10 million and is part of the Financial Services sector and Capital Markets industry.

Greenhill & Co., Inc., an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory services to clients in relation to mergers, acquisitions, divestitures, spin-offs, and other strategic transactions, as well as various stages of a transactions life cycle ranging from initial structuring and negotiation to final execution. It also advises clients on strategic matters, including activist response, defensive tactics, special committee projects, licensing deals, and joint ventures; and valuation, negotiation tactics, industry dynamics, structuring alternatives, and timing and pricing of transactions, as well as financing alternatives.