Graham Holdings Company (GHC) to Issue Quarterly Dividend of $1.88 on August 6th

Graham Holdings Company (NYSE:GHC) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Thursday, July 16th will be paid a dividend of 1.88 per share on Thursday, August 6th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 16th.

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

Graham Stock Up 2.2%

GHC opened at $1,183.76 on Tuesday. Graham has a 1 year low of $882.21 and a 1 year high of $1,224.76. The firm has a 50 day moving average price of $1,134.65 and a 200 day moving average price of $1,115.71. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.54 and a current ratio of 1.79. The company has a market cap of $5.10 billion, a PE ratio of 17.52 and a beta of 0.72.

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

Hedge Funds Weigh In On Graham

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC grew its holdings in shares of Graham by 58.8% during the second quarter. AQR Capital Management LLC now owns 93,253 shares of the company’s stock valued at $88,233,000 after purchasing an additional 34,524 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Graham by 33.7% in the 4th quarter. First Trust Advisors LP now owns 84,923 shares of the company’s stock worth $93,296,000 after purchasing an additional 21,427 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Graham during the 4th quarter valued at approximately $11,998,000. Vanguard Group Inc. boosted its position in Graham by 3.3% during the 4th quarter. Vanguard Group Inc. now owns 340,841 shares of the company’s stock valued at $374,448,000 after purchasing an additional 10,886 shares during the period. Finally, Renaissance Technologies LLC grew its stake in Graham by 551.4% during the 1st quarter. Renaissance Technologies LLC now owns 9,400 shares of the company’s stock worth $9,938,000 after buying an additional 7,957 shares during the last quarter. Institutional investors own 93.16% of the company’s stock.

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.