Graham Holdings (NYSE:GHC) Plans $1.80 Quarterly Dividend

Graham Holdings (NYSE:GHC) declared a quarterly dividend on Tuesday, February 25th, RTT News reports. Shareholders of record on Thursday, April 17th will be paid a dividend of 1.80 per share on Thursday, May 8th. This represents a $7.20 dividend on an annualized basis and a yield of 0.76%.

Graham has increased its dividend payment by an average of 4.4% per year over the last three years. Graham has a dividend payout ratio of 10.7% meaning its dividend is sufficiently covered by earnings.

Graham Trading Up 3.4 %

Shares of Graham stock traded up $30.54 during trading on Tuesday, reaching $941.99. The company’s stock had a trading volume of 31,114 shares, compared to its average volume of 16,206. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The company has a market cap of $4.08 billion, a price-to-earnings ratio of 18.45 and a beta of 1.13. The firm’s 50-day moving average is $906.79 and its two-hundred day moving average is $859.42. Graham has a 52-week low of $683.00 and a 52-week high of $988.26.

Insider Buying and Selling at Graham

In other news, CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $881.30, for a total value of $140,126.70. Following the sale, the chief accounting officer now directly owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Graham from a “hold” rating to a “buy” rating in a research report on Monday, November 4th.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.