Graham Holdings Company (GHC) To Go Ex-Dividend on October 15th

Graham Holdings Company (NYSE:GHC) declared a quarterly dividend on Thursday, September 10th. Investors of record on Thursday, October 15th will be paid a dividend of 1.88 per share on Thursday, November 5th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 15th.

Graham has raised its dividend payment by an average of 0.0%per year 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 Price Performance

Shares of NYSE GHC opened at $1,136.83 on Friday. The company has a 50 day simple moving average of $1,167.52 and a two-hundred day simple moving average of $1,127.97. The company has a market capitalization of $4.81 billion, a price-to-earnings ratio of 9.16 and a beta of 0.71. Graham has a fifty-two week low of $929.76 and a fifty-two week high of $1,262.34. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.59 and a current ratio of 1.86.

Graham (NYSE:GHC) last released its earnings results on Thursday, July 30th. The company reported $19.46 EPS for the quarter, topping the consensus estimate of $14.83 by $4.63. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion. Graham had a return on equity of 5.73% and a net margin of 10.69%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC increased its stake in Graham by 475.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 23 shares of the company’s stock worth $25,000 after buying an additional 19 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Graham by 65.0% in the second quarter. Versant Capital Management Inc now owns 33 shares of the company’s stock worth $38,000 after acquiring an additional 13 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Graham during the fourth quarter worth about $45,000. IFP Advisors Inc grew its position in shares of Graham by 100.0% during the fourth quarter. IFP Advisors Inc now owns 46 shares of the company’s stock worth $51,000 after purchasing an additional 23 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Graham during the 2nd quarter valued at approximately $60,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

About Graham

Graham Holdings Company is a diversified American holding company formerly known as The Washington Post Company. The company changed its name in 2013 after selling The Washington Post newspaper to Jeff Bezos. Today, Graham Holdings operates businesses in education, television broadcasting, health care and other industries.

Its largest operating business is Kaplan, which provides educational services, professional training, test preparation, higher education programs and related learning products.