Griffon Keeps Dividend Steady
Home and building products manufacturer Griffon announced today its third-quarter dividend of $0.025 per share, the same rate it's paid for the past three quarters after raising the payout 25% from $0.02 per share.
The board of directors said the quarterly dividend is payable on Sept. 25 to the holders of record at the close of business on Aug. 27. The regular dividend payment equates to a $0.10-per-share annual dividend, yielding 0.8% based on the closing price today of Griffon's stock.
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