Graham Holdings Company Announces Quarterly Dividend of $1.88 (NYSE:GHC)

Graham Holdings Company (NYSE:GHC) announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Thursday, July 16th will be given a dividend of 1.88 per share on Thursday, August 6th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, July 16th.

Graham has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 10 years. Graham has a payout ratio of 11.6% indicating that its dividend is sufficiently covered by earnings.

Graham Trading Up 2.0%

NYSE GHC opened at $1,149.55 on Wednesday. Graham has a 12 month low of $882.21 and a 12 month high of $1,224.76. The company has a current ratio of 1.79, a quick ratio of 1.54 and a debt-to-equity ratio of 0.15. The stock’s fifty day moving average price is $1,086.29 and its 200-day moving average price is $1,092.57. The stock has a market cap of $5.01 billion, a P/E ratio of 16.99 and a beta of 0.74.

Graham (NYSE:GHC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $16.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $13.11 by $3.68. Graham had a return on equity of 5.40% and a net margin of 5.97%.The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.26 billion.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Graham from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Graham currently has a consensus rating of “Buy”.

Graham Company Profile

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.